Outokumpu Oyj (OTCMKTS:OUTFF) Shares Up 1.9% – Here’s What Happened

Outokumpu Oyj (OTCMKTS:OUTFFGet Free Report)’s share price rose 1.9% on Tuesday . The stock traded as high as $3.01 and last traded at $3.01. Approximately 5,000 shares traded hands during mid-day trading, an increase of 102% from the average daily volume of 2,470 shares. The stock had previously closed at $2.95.

Outokumpu Oyj Price Performance

The business has a 50-day simple moving average of $3.43 and a 200-day simple moving average of $3.61.

About Outokumpu Oyj

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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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