Voestalpine (OTCMKTS:VLPNY) Trading Down 4.5% – What’s Next?

Voestalpine AG (OTCMKTS:VLPNYGet Free Report)’s stock price traded down 4.5% during mid-day trading on Wednesday . The stock traded as low as $3.62 and last traded at $3.62. 276 shares changed hands during mid-day trading, an increase of 47% from the average session volume of 188 shares. The stock had previously closed at $3.79.

Wall Street Analyst Weigh In

Separately, BNP Paribas cut shares of Voestalpine from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 3rd.

Read Our Latest Stock Report on VLPNY

Voestalpine Stock Down 4.5 %

The business’s 50 day moving average price is $3.83 and its two-hundred day moving average price is $4.46. The company has a quick ratio of 0.52, a current ratio of 1.39 and a debt-to-equity ratio of 0.19.

About Voestalpine

(Get Free Report)

Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; and heavy plates for the energy sector, as well as turbine casings for automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others.

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