Timkensteel Corp (TMST) is Trading Lower on Unusual Volume for February 01

Equities Staff |

Timkensteel Corp (TMST) experienced unusually high volume on Feb. 01, as the stock lost 21.7% to a closing price of $7.06. The stock saw 3.2 million shares trade hands over the course of the day on 16,643 trades. Given that the stock’s average daily volume over the last month has been 1.35 million shares a day, this represents a pretty substantial spike over the norm.

Timkensteel Corp has a P/B ratio of 0.45. The stock has traded between $33.41 and $3.69 over the last 52-weeks, its 50-day SMA is now $7.69, and its 200-day SMA $17.59.

TimkenSteel Corp is a manufacturer of alloy steel and carbon and micro-alloy steel. The Company's portfolio includes SBQ bars, seamless mechanical tubing and precision steel components.

Headquartered in Canton, OH, Timkensteel Corp has 3,000 employees and is currently under the leadership of CEO Ward J. Timken.

For a complete fundamental analysis analysis of Timkensteel Corp, check out Equities.com’s Stock Valuation Analysis report for TMST. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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