|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||4.8108 - 4.8108|
|52 Week Range||2.5100 - 4.8108|
|Beta (5Y Monthly)||1.53|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
NEW YORK, NY / ACCESSWIRE / May 6, 2021 / Outokumpu Oyj (NASDAQ:OUTKY) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 6, 2021 at 1:00 PM Eastern Time.To listen to the event live or access a replay of the call - visit https://www.
Rating Action: Moody's changes outlook on Outokumpu's ratings to stable; affirms B3 CFRGlobal Credit Research - 16 Feb 2021Frankfurt am Main, February 16, 2021 -- Moody's Investors Service ("Moody's") has today affirmed the B3 corporate family rating (CFR) and the B3-PD probability of default rating (PDR) of Finland-based stainless steel producer Outokumpu Oyj ("Outokumpu" or "group"). Concurrently, Moody's affirmed the B2 instrument rating on the group's senior secured notes due June 2024. The outlook has been changed to stable from negative.RATINGS RATIONALEThe outlook stabilization follows Outokumpu's solid results for the fourth quarter of 2020 (Q4-20), ended 31 December 2020, which showed an over 14% year-over-year improvement in stainless steel deliveries, increased ferrochrome production and positive effects from cost reductions across most divisions.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Outokumpu Oyj and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.