Outokumpu (OTCMKTS:OUTKY) Given Consensus Rating of “Hold” by Analysts

Outokumpu (OTCMKTS:OUTKY) has been assigned a consensus recommendation of “Hold” from the seven brokerages that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating on the company.

A number of research analysts recently issued reports on OUTKY shares. Oddo Bhf upgraded Outokumpu to an “outperform” rating in a research report on Tuesday, May 26th. Citigroup restated a “neutral” rating on shares of Outokumpu in a research report on Wednesday, May 20th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Outokumpu in a research note on Wednesday, May 13th.

Outokumpu Stock Performance

OTCMKTS:OUTKY opened at $3.45 on Monday. Outokumpu has a 12-month low of $1.89 and a 12-month high of $3.65. The firm has a market capitalization of $3.26 billion, a P/E ratio of -23.00 and a beta of 0.71. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.63 and a quick ratio of 0.58. The business has a 50 day simple moving average of $3.20 and a 200 day simple moving average of $2.91.

Outokumpu Company Profile

Outokumpu Oyj is a Finland-based global producer of stainless steel products and one of Europe’s leading stainless steel manufacturers. Headquartered in Helsinki, the company traces its roots back to mining operations established in 1910 and has, over decades, transformed into a focused stainless steel specialist. Outokumpu’s core business encompasses the production of high-grade stainless steel in flat and long product forms, serving a broad range of industries including automotive, construction, energy, and consumer goods.

The company’s primary product portfolio includes cold-rolled and hot-rolled coils and sheets, plates, strips, bars and wire, as well as tailor-made and value-added solutions such as precision-cut blanks and welded tubes.