StockNews.com upgraded shares of Haynes International (NASDAQ:HAYN – Free Report) from a sell rating to a hold rating in a research report released on Tuesday.
Haynes International Stock Performance
Shares of HAYN stock opened at $60.99 on Tuesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.89 and a current ratio of 7.74. Haynes International has a 52 week low of $47.69 and a 52 week high of $61.01. The company’s 50 day moving average price is $60.13 and its two-hundred day moving average price is $59.53. The company has a market capitalization of $779.45 million, a P/E ratio of 20.96, a price-to-earnings-growth ratio of 0.85 and a beta of 1.39.
Insider Activity at Haynes International
In other Haynes International news, CFO Daniel W. Maudlin sold 6,744 shares of Haynes International stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $59.66, for a total value of $402,347.04. Following the sale, the chief financial officer now owns 30,287 shares of the company’s stock, valued at $1,806,922.42. This trade represents a 18.21 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 6.10% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
About Haynes International
Haynes International, Inc develops, manufactures, markets, and distributes nickel and cobalt-based alloys in sheet, coil, and plate forms in the United States, Europe, China, and internationally. The company offers high-temperature resistant alloys used by manufacturers of equipment, including jet engines for the aerospace market, gas turbine engines for power generation, and industrial heating equipment.
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