Zacks Investment Research lowered shares of Outokumpu Oyj (NASDAQ:OUTKY) from a buy rating to a hold rating in a report released on Saturday.
According to Zacks, “Outokumpu Oyj is engages in the manufacturing of stainless steel. Its business area consists of Stainless Coil EMEA, Stainless Coil Americas, Stainless APAC and High Performance Stainless and Alloy. The company operates primarily in Europe, Middle East and Africa, Americas and Asia-Pacific. Outokumpu Oyj is headquartered in Espoo, Finland. “
Shares of Outokumpu Oyj (NASDAQ:OUTKY) opened at 4.48 on Friday. Outokumpu Oyj has a one year low of $2.98 and a one year high of $5.43. The firm has a market cap of $3.69 billion and a price-to-earnings ratio of 6.42. The stock’s 50 day moving average price is $4.43 and its 200 day moving average price is $4.60.
COPYRIGHT VIOLATION NOTICE: This piece of content was originally posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this piece of content on another website, it was copied illegally and reposted in violation of US and international trademark and copyright legislation. The original version of this piece of content can be read at https://sportsperspectives.com/2017/09/24/outokumpu-oyj-outky-downgraded-by-zacks-investment-research-to-hold.html.
Receive News & Ratings for Outokumpu Oyj Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Outokumpu Oyj and related companies with MarketBeat.com's FREE daily email newsletter.