Voestalpine (OTCMKTS:VLPNY) Posts Quarterly Earnings Results

Voestalpine (OTCMKTS:VLPNY) posted its quarterly earnings results on Wednesday. The company reported $0.03 EPS for the quarter, Zacks reports. Voestalpine had a positive return on equity of 0.22% and a negative net margin of 0.08%.

Voestalpine Trading Up 4.8 %

OTCMKTS VLPNY 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 firm has a 50 day simple moving average of $3.77 and a 200-day simple moving average of $4.18. Voestalpine has a one year low of $3.34 and a one year high of $5.86.

Analyst Upgrades and Downgrades

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

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.