Zacks Investment Research Lowers Metso Oyj (MXCYY) to Sell

Metso Oyj (OTCMKTS:MXCYY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Friday, January 19th.

According to Zacks, “Metso is a globally-leading supplier of processes, machinery and systems for the pulp and paper industry and a foremost expert in the key technologies of this sector. The Corporation is also a strong supplier in automation and flow control solutions, and one of the world’s leading suppliers of rock and mineral processing systems. The main customer sectors are the pulp and paper industry, construction and civil engineering, mining and the energy industry. “

Separately, Barclays lowered shares of Metso Oyj from an “equal weight” rating to an “underweight” rating in a report on Tuesday, December 5th.

Metso Oyj (MXCYY) traded up $0.13 during mid-day trading on Friday, reaching $7.77. 7,000 shares of the company were exchanged, compared to its average volume of 4,841. The company has a quick ratio of 1.30, a current ratio of 1.93 and a debt-to-equity ratio of 0.42. Metso Oyj has a one year low of $7.15 and a one year high of $9.36. The firm has a market cap of $4,588.62, a PE ratio of 40.21, a PEG ratio of 0.86 and a beta of 1.47.

Metso Oyj (OTCMKTS:MXCYY) last announced its quarterly earnings data on Friday, February 2nd. The industrial products company reported $0.08 EPS for the quarter. The business had revenue of $836.17 million during the quarter. Metso Oyj had a net margin of 3.71% and a return on equity of 9.95%. sell-side analysts anticipate that Metso Oyj will post 0.36 earnings per share for the current year.

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About Metso Oyj

Metso Oyj is a global supplier of technology and services for mining, aggregates, oil and gas, pulp, paper, as well as process industries. The Company’s segments include Minerals, Flow Control, and Group Head Office and other. The Minerals segment covers the Company’s mining, aggregates and recycling businesses.

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