Metallus (NYSE:MTUS) Reaches New 1-Year Low – Time to Sell?

Metallus Inc. (NYSE:MTUS) hit a new 52-week low during trading on Tuesday . The stock traded as low as $13.53 and last traded at $13.71, with a volume of 217438 shares. The stock had previously closed at $13.98.

Metallus Trading Down 1.9 %

The company has a 50 day moving average price of $15.26 and a 200 day moving average price of $16.64. The company has a market capitalization of $582.59 million, a P/E ratio of 26.37, a P/E/G ratio of 1.66 and a beta of 1.39.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. FMR LLC acquired a new stake in shares of Metallus during the third quarter worth $29,000. Mark Sheptoff Financial Planning LLC acquired a new stake in Metallus in the 3rd quarter worth about $41,000. Huntington National Bank acquired a new stake in Metallus in the 3rd quarter worth about $49,000. Y Intercept Hong Kong Ltd bought a new stake in Metallus in the 3rd quarter valued at about $156,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Metallus during the 3rd quarter worth approximately $159,000. Institutional investors and hedge funds own 77.58% of the company’s stock.

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.