Haynes International Inc. Hits New 52-Week Low at $43.36 (HAYN)
Shares of Haynes International (NASDAQ:HAYN) hit a new 52-week low on Friday, StockRatingsNetwork reports. The company traded as low as $43.36 and last traded at $44.29, with a volume of 30,734 shares trading hands. The stock had previously closed at $44.98.
Haynes International has a 52 week low of $43.76 and a 52 week high of $56.51. The stock’s 50-day moving average is $45.67 and its 200-day moving average is $48.88. The company has a market cap of $550.6 million and a P/E ratio of 18.28.
Haynes International (NASDAQ:HAYN) last announced its earnings results on Thursday, August 8th. The company reported $0.43 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.44 by $0.01. The company had revenue of $123.60 million for the quarter, compared to the consensus estimate of $128.80 million. During the same quarter in the previous year, the company posted $1.11 earnings per share. The company’s revenue for the quarter was down 12.7% on a year-over-year basis. On average, analysts predict that Haynes International will post $1.78 earnings per share for the current fiscal year.
Haynes International, Inc (NASDAQ:HAYN) is the producers of nickel- and cobalt-based alloys in sheet, coil and plate forms.
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