Metallus (NYSE:MTUS) Stock Price Down 5.4% – Should You Sell?

Posted by Stephan Jacobs on Mar 21st, 2025

Shares of Metallus Inc. (NYSE:MTUS – Get Free Report) dropped 5.4% during mid-day trading on Friday . The company traded as low as $13.20 and last traded at $13.12. Approximately 133,837 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 323,047 shares. The stock had previously closed at $13.87.

Metallus Stock Down 6.2 %

The company has a market capitalization of $547.61 million, a P/E ratio of 25.04, a PEG ratio of 1.02 and a beta of 1.32. The business has a 50 day simple moving average of $14.81 and a 200-day simple moving average of $14.93.

Institutional Investors Weigh In On Metallus

A number of hedge funds have recently added to or reduced their stakes in MTUS. FMR LLC acquired a new position in shares of Metallus during the third quarter valued at $29,000. Mark Sheptoff Financial Planning LLC acquired a new position in shares of Metallus during the third quarter valued at $41,000. Quadrant Capital Group LLC increased its holdings in shares of Metallus by 36.3% during the fourth quarter. Quadrant Capital Group LLC now owns 2,943 shares of the company’s stock valued at $42,000 after purchasing an additional 783 shares during the period. Tower Research Capital LLC TRC increased its holdings in shares of Metallus by 103.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 4,775 shares of the company’s stock valued at $67,000 after purchasing an additional 2,431 shares during the period. Finally, Vestcor Inc acquired a new position in shares of Metallus during the fourth quarter valued at $104,000. 77.58% of the stock is currently owned by institutional investors.

Metallus Company Profile

(Get Free Report)

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.