Metallus Inc. (NYSE:MTUS) EVP Sells $16,660.00 in Stock

Metallus Inc. (NYSE:MTUS) EVP Kevin A. Raketich sold 1,000 shares of the company’s stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $16.66, for a total value of $16,660.00. Following the sale, the executive vice president now owns 77,551 shares in the company, valued at approximately $1,291,999.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Metallus Trading Down 1.5 %

MTUS traded down $0.25 on Wednesday, hitting $16.34. 421,437 shares of the company were exchanged, compared to its average volume of 273,153. Metallus Inc. has a 12 month low of $16.06 and a 12 month high of $24.31. The company has a market cap of $710.14 million, a P/E ratio of 9.73, a PEG ratio of 0.66 and a beta of 1.43. The company has a fifty day moving average price of $20.62.

Metallus (NYSE:MTUS) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.24). The business had revenue of $294.70 million during the quarter, compared to the consensus estimate of $320.37 million. Metallus had a net margin of 4.21% and a return on equity of 10.10%. Metallus’s quarterly revenue was down 17.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.60 EPS. On average, equities research analysts predict that Metallus Inc. will post 1.74 earnings per share for the current fiscal year.

About Metallus

Metallus Inc manufactures and sells alloy steel, and carbon and micro-alloy steel products in the United States and internationally. The company offers special bar quality (SBQ) bars, seamless mechanical tubes, precision steel components, and billets that are used in gears, hubs, axles, crankshafts and motor shafts, oil country drill pipes, bits and collars, bearing races and rolling elements, bushings, fuel injectors, wind energy shafts, anti-friction bearings, artillery and mortar bodies, and other applications.