Outokumpu Oyj (OTCMKTS:OUTKY) Short Interest Update

Outokumpu Oyj (OTCMKTS:OUTKY) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totalling 1,100 shares, a growth of 450.0% from the June 15th total of 200 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 3.7 days.

Outokumpu Oyj Price Performance

Shares of OTCMKTS OUTKY remained flat at $1.86 during midday trading on Friday. The company’s 50-day moving average price is $1.92 and its 200-day moving average price is $2.07. The company has a quick ratio of 0.82, a current ratio of 1.90 and a debt-to-equity ratio of 0.10. Outokumpu Oyj has a 1 year low of $1.70 and a 1 year high of $3.00.

Outokumpu Oyj (OTCMKTS:OUTKY) last released its earnings results on Tuesday, May 7th. The company reported ($0.03) EPS for the quarter. Outokumpu Oyj had a negative return on equity of 5.70% and a negative net margin of 3.58%. The firm had revenue of $1.61 billion during the quarter. As a group, sell-side analysts forecast that Outokumpu Oyj will post 0.03 earnings per share for the current fiscal year.

Outokumpu Oyj Company Profile

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.