News headlines about Universal Stainless & Alloy Products (NASDAQ:USAP) have been trending positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Universal Stainless & Alloy Products earned a coverage optimism score of 0.43 on Accern’s scale. Accern also gave media coverage about the basic materials company an impact score of 46.7060544489707 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Universal Stainless & Alloy Products (NASDAQ USAP) traded up $0.93 during midday trading on Monday, reaching $24.07. The company’s stock had a trading volume of 29,400 shares, compared to its average volume of 28,785. The company has a market cap of $173.95, a PE ratio of 23.60 and a beta of 1.12. The company has a debt-to-equity ratio of 0.40, a current ratio of 3.41 and a quick ratio of 0.77. Universal Stainless & Alloy Products has a 12-month low of $11.60 and a 12-month high of $26.70.

Universal Stainless & Alloy Products (NASDAQ:USAP) last released its earnings results on Wednesday, January 24th. The basic materials company reported ($0.01) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.07). The firm had revenue of $50.30 million during the quarter, compared to the consensus estimate of $47.17 million. Universal Stainless & Alloy Products had a net margin of 4.09% and a return on equity of 0.34%. The company’s revenue was up 47.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.22) EPS. sell-side analysts forecast that Universal Stainless & Alloy Products will post 1.1 earnings per share for the current fiscal year.

Several equities research analysts have commented on USAP shares. Zacks Investment Research upgraded Universal Stainless & Alloy Products from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 26th. KeyCorp restated a “hold” rating on shares of Universal Stainless & Alloy Products in a research note on Thursday, November 16th.

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About Universal Stainless & Alloy Products

Universal Stainless & Alloy Products, Inc manufactures and markets semi-finished and finished specialty steel products, including stainless steel, nickel alloys, tool steel and certain other alloyed steels. The Company’s manufacturing process involves melting, remelting, heat treating, hot and cold rolling, forging, machining and cold drawing of semi-finished and finished specialty steels.

Insider Buying and Selling by Quarter for Universal Stainless & Alloy Products (NASDAQ:USAP)

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