Outokumpu Oyj (OTCMKTS:OUTKY) Short Interest Update

by · The Cerbat Gem

Outokumpu Oyj (OTCMKTS:OUTKY – Get Free Report) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 6,800 shares, a growth of 195.7% from the November 30th total of 2,300 shares. Based on an average daily volume of 2,300 shares, the days-to-cover ratio is presently 3.0 days.

Outokumpu Oyj Stock Down 6.4 %

Shares of OUTKY stock traded down $0.10 during mid-day trading on Thursday, reaching $1.39. 130 shares of the company were exchanged, compared to its average volume of 2,106. Outokumpu Oyj has a fifty-two week low of $1.39 and a fifty-two week high of $2.57. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.66 and a current ratio of 1.67. The company has a market capitalization of $1.27 billion, a P/E ratio of -4.95 and a beta of 0.77. The business’s 50 day simple moving average is $1.67 and its 200 day simple moving average is $1.77.

Outokumpu Oyj (OTCMKTS:OUTKY – Get Free Report) last issued its earnings results on Wednesday, October 30th. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $1.67 billion for the quarter. Outokumpu Oyj had a negative net margin of 4.10% and a negative return on equity of 6.65%. Research analysts predict that Outokumpu Oyj will post -0.01 earnings per share for the current year.

Outokumpu Oyj Company Profile

(Get Free Report)

Outokumpu Oyj produces and sells various stainless steel products in Finland, other European countries, North America, the Asia-Pacific, and internationally. The company operates through three segments: Europe, Americas, and Ferrochrome. It offers cold rolled coils, strips, and sheets; hot rolled coils, strips, and plates; quarto plates; precision strips; and specialized components, such as welded stainless-steel I-beams, H-beams, hollow-section tubes, bent profiles, structural sections, hardened and customized press plates, suction roll shells, and blancs and disks.

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