Metso Oyj (MXCYY) Cut to “Neutral” at Credit Suisse Group AG
Metso Oyj (OTC:MXCYY) was downgraded by stock analysts at Credit Suisse Group AG from an “outperform” rating to a “neutral” rating in a research report issued to clients and investors on Tuesday, StockTargetPrices.com reports.
Metso Oyj (OTC:MXCYY) traded down 2.56% on Tuesday, hitting $6.85. 144 shares of the company were exchanged. Metso Oyj has a 52-week low of $4.76 and a 52-week high of $7.38. The firm has a 50 day moving average of $7.09 and a 200-day moving average of $6.28. The stock has a market cap of $4.11 billion and a PE ratio of 22.33.
About Metso Oyj
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Metso Oyj is a global supplier of sustainable technology and services for mining, aggregates, oil and gas, pulp, paper, as well as process industries. The Company’s segments include Minerals, Flow Control, and Group Head Office and other. The Minerals segment covers the Company’s mining, aggregates and recycling businesses.
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