Metso Corp. (MXCYY) Downgraded by Goldman Sachs Group Inc. to “Sell”

Goldman Sachs Group Inc. downgraded shares of Metso Corp. (OTC:MXCYY) from a neutral rating to a sell rating in a research report released on Thursday, reports.

Separately, Credit Suisse Group AG cut Metso Corp. from an outperform rating to a neutral rating in a report on Tuesday, September 20th.

Metso Corp. (OTC:MXCYY) traded up 0.0000% during mid-day trading on Thursday, hitting $7.1825. The company’s 50 day moving average is $7.12 and its 200 day moving average is $6.36. The stock has a market capitalization of $4.31 billion, a price-to-earnings ratio of 23.4339 and a beta of 2.03. Metso Corp. has a 1-year low of $4.76 and a 1-year high of $7.43.

About Metso Corp.

Metso Oyj is a global supplier of sustainable technology and services for mining, aggregates, oil and gas, pulp, paper, as well as process industries. The Company’s segments include Minerals, Flow Control, and Group Head Office and other. The Minerals segment covers the Company’s mining, aggregates and recycling businesses.

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