Jefferies Financial Group Weighs in on OUTOKUMPU OYJ/ADR’s FY2019 Earnings (OTCMKTS:OUTKY)

OUTOKUMPU OYJ/ADR (OTCMKTS:OUTKY) – Stock analysts at Jefferies Financial Group lowered their FY2019 earnings estimates for OUTOKUMPU OYJ/ADR in a research report issued on Thursday, November 14th. Jefferies Financial Group analyst A. Spence now forecasts that the company will post earnings per share of ($0.12) for the year, down from their previous forecast of ($0.07).

Other equities research analysts also recently issued research reports about the company. Zacks Investment Research upgraded OUTOKUMPU OYJ/ADR from a “sell” rating to a “hold” rating in a research report on Tuesday, November 12th. ValuEngine upgraded OUTOKUMPU OYJ/ADR from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd.

OUTOKUMPU OYJ/ADR stock opened at $1.57 on Monday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.40 and a current ratio of 1.00. The firm has a market cap of $1.29 billion, a P/E ratio of 8.26 and a beta of 0.77. The business’s fifty day moving average is $1.41 and its two-hundred day moving average is $1.48. OUTOKUMPU OYJ/ADR has a 52 week low of $1.31 and a 52 week high of $2.16.

About OUTOKUMPU OYJ/ADR

Outokumpu Oyj produces and sells various stainless steel products in Finland, Germany, Sweden, the United Kingdom, other European countries, Asia and Oceania, and internationally. It offers cold rolled coils, strips, and sheets; precision strips; hot rolled coils, strips, and plates; quarto plates; semi-finished stainless steel long products; stainless steel bars, rebars, wires, and wire rods; welded stainless steel I-beams, H-beams, hollow-section tubes, and bent profiles for load-bearing structures; blancs and discs; suction roll shell blanks; and customized press plates and ready-to-use plates.

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Earnings History and Estimates for OUTOKUMPU OYJ/ADR (OTCMKTS:OUTKY)

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