Voestalpine (OTCMKTS:VLPNY) Reaches New 1-Year Low – Here’s Why

Voestalpine AG (OTCMKTS:VLPNYGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $3.65 and last traded at $3.65, with a volume of 92 shares. The stock had previously closed at $3.65.

Voestalpine Stock Performance

The business’s 50 day moving average price is $4.35 and its 200-day moving average price is $4.94. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.52 and a current ratio of 1.37.

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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