Metallus Inc. Soars 35.67% on Bullish Sentiment

On May 2, 2025, Metallus Inc. (MTUS) experienced a significant surge, rising 35.67% in pre-market trading, indicating a strong bullish sentiment among investors.

Metallus Inc. has seen its stock forecast revised, with analysts lowering the target price to $13.00. This adjustment reflects the current market conditions and the company's performance in the basic materials sector.

Metallus' revenues are projected to decline by 20.9% compared to the same period last year, which may have contributed to the recent volatility in its stock price. This decline in revenue is a key factor that investors are closely monitoring.