Voestalpine (OTCMKTS:VLPNY – Get Free Report) posted its earnings results on Wednesday. The company reported $0.03 earnings per share for the quarter, Zacks reports. Voestalpine had a positive return on equity of 0.22% and a negative net margin of 0.08%.
Voestalpine Price Performance
VLPNY stock opened at $4.28 on Wednesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.39 and a quick ratio of 0.43. The business’s 50-day simple moving average is $3.77 and its 200 day simple moving average is $4.18. Voestalpine has a twelve month low of $3.34 and a twelve month high of $5.86.
Analysts Set New Price Targets
Separately, BNP Paribas lowered Voestalpine from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 3rd.
About Voestalpine
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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