Outokumpu Oyj (OUTFF) Projected to Post Earnings on Tuesday

Outokumpu Oyj (OTCMKTS:OUTFF) is projected to release its resultson Tuesday, May 12th. Analysts expect Outokumpu Oyj to post earnings of $0.0193 per share and revenue of $1.6565 billion for the quarter.

Outokumpu Oyj Stock Performance

Shares of Outokumpu Oyj stock traded up $0.28 on Tuesday, hitting $6.83. 200 shares of the company’s stock traded hands, compared to its average volume of 183. The firm’s 50-day moving average is $5.75 and its 200 day moving average is $5.10. Outokumpu Oyj has a 52-week low of $4.39 and a 52-week high of $6.83.

About Outokumpu Oyj

Outokumpu Oyj is a leading stainless steel producer headquartered in Helsinki, Finland. The company specializes in the production, processing and distribution of a full range of stainless steel products, including hot‐rolled and cold‐rolled coil, sheet, plate, bars, tubes and wires. With a focus on high‐performance and corrosion‐resistant steel grades, Outokumpu serves industries such as automotive, construction, energy, chemical processing and consumer goods, offering tailored solutions to meet demanding quality and environmental standards.

Founded in 1910 originally as a copper mining and smelting enterprise, Outokumpu transitioned into stainless steel production in the late 20th century, building on its metallurgical expertise to become one of the world’s foremost suppliers of stainless steel.