Insider Selling: Metallus Inc. (NYSE:MTUS) CEO Sells $696,369.63 in Stock

Metallus Inc. (NYSE:MTUS) CEO Michael S. Williams sold 28,907 shares of the firm’s stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $24.09, for a total transaction of $696,369.63. Following the sale, the chief executive officer now owns 636,225 shares of the company’s stock, valued at approximately $15,326,660.25. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Metallus Trading Down 1.0 %

NYSE MTUS opened at $23.79 on Thursday. The business’s 50-day moving average is $21.80. The firm has a market cap of $1.04 billion, a PE ratio of 14.16, a PEG ratio of 0.90 and a beta of 1.55. Metallus Inc. has a 52-week low of $16.83 and a 52-week high of $24.31.

Metallus (NYSE:MTUS) last posted its earnings results on Thursday, May 9th. The company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.21. The company had revenue of $321.60 million during the quarter, compared to analysts’ expectations of $319.80 million. Metallus had a net margin of 5.81% and a return on equity of 13.06%. Metallus’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter last year, the company posted $0.44 EPS. On average, equities analysts anticipate that Metallus Inc. will post 1.75 EPS for the current fiscal year.

About Metallus

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.