Outokumpu Oyj (OTCMKTS:OUTKY) Short Interest Up 18.2% in July

Outokumpu Oyj (OTCMKTS:OUTKY) was the target of a large growth in short interest in July. As of July 15th, there was short interest totalling 1,300 shares, a growth of 18.2% from the June 30th total of 1,100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 13.0 days.

Outokumpu Oyj Price Performance

OUTKY stock traded up $0.03 during midday trading on Monday, reaching $1.76. 100 shares of the company’s stock traded hands, compared to its average volume of 1,759. The firm’s fifty day moving average price is $1.88 and its 200-day moving average price is $2.02. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.82 and a current ratio of 1.90. Outokumpu Oyj has a 52 week low of $1.70 and a 52 week high of $3.00.

Outokumpu Oyj (OTCMKTS:OUTKY) last announced its quarterly earnings results on Tuesday, May 7th. The company reported ($0.03) EPS for the quarter. The business had revenue of $1.61 billion for the quarter. Outokumpu Oyj had a negative net margin of 3.58% and a negative return on equity of 5.70%. On average, sell-side analysts predict that Outokumpu Oyj will post 0.03 EPS for the current fiscal year.

About Outokumpu Oyj

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.