Metso (OTCMKTS:MXCYY) Shares Up 5.2% – Here’s What Happened

Shares of Metso Co. (OTCMKTS:MXCYY) shot up 5.2% during mid-day trading on Monday . The company traded as high as $8.00 and last traded at $7.78. 6,900 shares changed hands during mid-day trading, an increase of 10% from the average session volume of 6,274 shares. The stock had previously closed at $7.40.

Metso Trading Up 5.2 %

The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.13 and a current ratio of 2.19. The business has a fifty day simple moving average of $7.78 and a 200 day simple moving average of $7.78. The stock has a market cap of $4.68 billion, a price-to-earnings ratio of 59.87 and a beta of 1.79.

Metso Company Profile

Metso Corporation, an industrial company, provides equipment and services for the mining, aggregates, recycling, and process industries worldwide. The company operates through two segment, Minerals and Flow Control. It offers mining solutions, including crushing, screening, grinding, classification, beneficiation, dewatering, pyro processing, bulk materials handling, and slurry pumping solutions, as well as wear and spare parts; and aggregates, such as crushers, screens, feeders, rock breakers, air classifiers, lokotrack mobile plants, NW rapid and portable plants, stationary plants, slurry pumps, and preowned equipment, as well as wear and spare parts.