Voestalpine (OTCMKTS:VLPNY) Announces Quarterly Earnings Results

Voestalpine (OTCMKTS:VLPNY) released its quarterly earnings data on Wednesday. The company reported $0.03 earnings per share for the quarter, Zacks reports. Voestalpine had a positive return on equity of 0.22% and a negative net margin of 0.08%.

Voestalpine Stock Performance

VLPNY remained flat at $4.28 during trading on Thursday. 36 shares of the company traded hands, compared to its average volume of 662. Voestalpine has a 1-year low of $3.34 and a 1-year high of $5.86. The stock has a 50 day moving average of $3.80 and a 200-day moving average of $4.18. The company has a current ratio of 1.39, a quick ratio of 0.43 and a debt-to-equity ratio of 0.19.

Analyst Ratings Changes

Separately, BNP Paribas cut Voestalpine from a “strong-buy” rating to a “hold” rating in a report on Friday, January 3rd.

Voestalpine Company Profile

Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; and heavy plates for the energy sector, as well as turbine casings for automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others.