SG Americas Securities LLC Takes $189,000 Position in Metallus Inc. (NYSE:MTUS)

SG Americas Securities LLC acquired a new position in Metallus Inc. (NYSE:MTUS) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,750 shares of the company’s stock, valued at approximately $189,000.

Metallus Stock Performance

Metallus stock opened at $14.01 on Thursday. The company has a market capitalization of $614.51 million, a PE ratio of 8.34, a price-to-earnings-growth ratio of 1.04 and a beta of 1.35. Metallus Inc. has a fifty-two week low of $13.82 and a fifty-two week high of $24.31. The firm has a 50 day moving average price of $15.22 and a 200 day moving average price of $19.19.

Metallus (NYSE:MTUS) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.24). Metallus had a net margin of 4.21% and a return on equity of 10.10%. The firm had revenue of $294.70 million during the quarter, compared to analyst estimates of $320.37 million. During the same period in the previous year, the firm posted $0.60 earnings per share. The company’s quarterly revenue was down 17.4% compared to the same quarter last year. As a group, equities research analysts forecast that Metallus Inc. will post 0.96 earnings per share for the current year.

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.