Voestalpine (OTCMKTS:VLPNY) Hits New 52-Week Low – Here’s Why

Voestalpine AG (OTCMKTS:VLPNY)’s share price reached a new 52-week low on Tuesday . The stock traded as low as $4.00 and last traded at $4.00, with a volume of 2000 shares. The stock had previously closed at $4.43.

Voestalpine Trading Down 9.7 %

The company has a quick ratio of 0.52, a current ratio of 1.37 and a debt-to-equity ratio of 0.19. The stock’s fifty day moving average price is $4.64 and its 200-day moving average price is $5.16.

Voestalpine (OTCMKTS:VLPNY) last issued its earnings results on Wednesday, August 7th. The company reported $0.17 EPS for the quarter. Voestalpine had a return on equity of 1.13% and a net margin of 0.35%. The company had revenue of $4.46 billion during the quarter. As a group, equities analysts forecast that Voestalpine AG will post 0.72 earnings per share for the current year.

About Voestalpine

Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; and heavy plates for the energy sector, as well as turbine casings for automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others.