Y Intercept Hong Kong Ltd bought a new position in shares of Metallus Inc. (NYSE:MTUS – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,502 shares of the company’s stock, valued at approximately $156,000.
A number of other hedge funds have also recently added to or reduced their stakes in the business. FMR LLC purchased a new position in shares of Metallus during the 3rd quarter worth about $29,000. Mark Sheptoff Financial Planning LLC purchased a new position in Metallus during the third quarter worth approximately $41,000. Huntington National Bank purchased a new position in Metallus during the third quarter worth approximately $49,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Metallus in the 3rd quarter valued at $159,000. Finally, Amalgamated Bank acquired a new stake in shares of Metallus during the 3rd quarter worth $172,000. 77.58% of the stock is owned by institutional investors and hedge funds.
Metallus Trading Down 2.8 %
Shares of MTUS opened at $14.46 on Friday. The stock’s fifty day simple moving average is $15.37 and its 200 day simple moving average is $17.34. Metallus Inc. has a twelve month low of $13.82 and a twelve month high of $24.31. The firm has a market capitalization of $614.46 million, a P/E ratio of 27.81, a price-to-earnings-growth ratio of 1.66 and a beta of 1.39.
Metallus Company Profile
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.
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