Voestalpine (OTCMKTS:VLPNY) issued its earnings results on Thursday. The company reported $0.20 earnings per share for the quarter, Morningstar.com reports. Voestalpine had a return on equity of 10.66% and a net margin of 5.31%.
Voestalpine (OTCMKTS VLPNY) traded down $0.96 on Thursday, hitting $11.16. The stock had a trading volume of 1,235 shares, compared to its average volume of 1,741. The company has a market cap of $10,682.34, a price-to-earnings ratio of 14.68 and a beta of 1.50. The company has a current ratio of 1.62, a quick ratio of 0.72 and a debt-to-equity ratio of 0.56. Voestalpine has a 52-week low of $7.84 and a 52-week high of $13.38.
Separately, Zacks Investment Research cut Voestalpine from a “buy” rating to a “hold” rating in a report on Friday, October 27th.
voestalpine AG processes, develops, and manufactures steel products worldwide. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces and processes hot and cold-rolled steel; electrogalvanized, hot-dip galvanized, and organically coated plates; electrical steel strips; and heavy plates, as well as turbine casings.
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