ZEUS stock opened at $36.78 on Tuesday. The company has a debt-to-equity ratio of 0.77, a current ratio of 3.52 and a quick ratio of 1.36. The company has a market capitalization of $409.14 million, a PE ratio of 3.50 and a beta of 1.63. Olympic Steel has a 1 year low of $19.92 and a 1 year high of $43.18. The company has a fifty day moving average of $33.29.
Olympic Steel (NASDAQ:ZEUS – Get Rating) last announced its quarterly earnings results on Thursday, February 24th. The basic materials company reported $2.79 earnings per share (EPS) for the quarter. Olympic Steel had a net margin of 5.24% and a return on equity of 35.85%. The company had revenue of $624.59 million during the quarter. During the same period last year, the firm posted $0.14 EPS. Analysts predict that Olympic Steel will post 4.22 EPS for the current fiscal year.
Several large investors have recently bought and sold shares of ZEUS. Invesco Ltd. boosted its position in shares of Olympic Steel by 92.5% during the 4th quarter. Invesco Ltd. now owns 703,442 shares of the basic materials company’s stock valued at $16,531,000 after purchasing an additional 338,049 shares in the last quarter. Assenagon Asset Management S.A. bought a new position in shares of Olympic Steel during the 4th quarter valued at about $3,803,000. Putnam Investments LLC boosted its position in shares of Olympic Steel by 181.3% during the 3rd quarter. Putnam Investments LLC now owns 129,420 shares of the basic materials company’s stock valued at $3,153,000 after purchasing an additional 83,420 shares in the last quarter. Morgan Stanley boosted its position in shares of Olympic Steel by 54.0% during the 2nd quarter. Morgan Stanley now owns 218,385 shares of the basic materials company’s stock valued at $6,418,000 after purchasing an additional 76,600 shares in the last quarter. Finally, MAI Capital Management bought a new position in shares of Olympic Steel during the 4th quarter valued at about $1,613,000. Institutional investors own 72.95% of the company’s stock.
About Olympic Steel (Get Rating)
Olympic Steel, Inc processes, distributes, and storage metal products in the United States and internationally. It operates in three segments: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. The Carbon Flat Products segment sells and distributes processed carbon and coated flat-rolled sheets, coil and plate products, and fabricated parts.
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