Outokumpu Oyj (OTCMKTS:OUTFF – Get Free Report) shot up 1.9% during trading on Tuesday . The company traded as high as $3.01 and last traded at $3.01. 5,000 shares were traded during mid-day trading, an increase of 102% from the average session volume of 2,470 shares. The stock had previously closed at $2.95.
Outokumpu Oyj Stock Performance
The company’s 50 day simple moving average is $3.42 and its two-hundred day simple moving average is $3.61.
Outokumpu Oyj Company Profile
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.
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