Voestalpine (OTCMKTS:VLPNY) Reaches New 12-Month Low – Should You Sell?

Voestalpine AG (OTCMKTS:VLPNY)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $3.34 and last traded at $3.55, with a volume of 1095 shares traded. The stock had previously closed at $3.37.

Wall Street Analysts Forecast Growth

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

Voestalpine Price Performance

The stock has a 50-day moving average of $3.73 and a two-hundred day moving average of $4.37. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.39 and a quick ratio of 0.43.

Voestalpine Company Profile

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.