Ryerson Holding Corp (NYSE:RYI) EVP Buys $74,240.00 in Stock

Ryerson Holding Corp (NYSE:RYI) EVP John E. Orth acquired 16,000 shares of the stock in a transaction that occurred on Thursday, March 19th. The stock was acquired at an average price of $4.64 per share, for a total transaction of $74,240.00. Following the transaction, the executive vice president now directly owns 19,541 shares of the company’s stock, valued at approximately $90,670.24. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

RYI opened at $4.97 on Thursday. The stock has a market cap of $163.67 million, a PE ratio of 2.29 and a beta of 2.12. The company has a quick ratio of 1.09, a current ratio of 2.60 and a debt-to-equity ratio of 5.85. Ryerson Holding Corp has a 52 week low of $4.04 and a 52 week high of $12.54. The business’s fifty day simple moving average is $7.92 and its 200 day simple moving average is $9.47.

Ryerson (NYSE:RYI) last released its earnings results on Wednesday, March 4th. The basic materials company reported $0.30 EPS for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.20. Ryerson had a return on equity of 48.19% and a net margin of 1.83%. The business had revenue of $962.00 million for the quarter, compared to analysts’ expectations of $987.20 million. During the same quarter in the prior year, the firm earned $0.16 earnings per share. The firm’s revenue was down 17.1% on a year-over-year basis. As a group, equities analysts anticipate that Ryerson Holding Corp will post 1.28 earnings per share for the current year.

Large investors have recently made changes to their positions in the company. Squarepoint Ops LLC grew its stake in shares of Ryerson by 105.0% during the third quarter. Squarepoint Ops LLC now owns 114,601 shares of the basic materials company’s stock valued at $978,000 after buying an additional 58,686 shares during the last quarter. Comprehensive Portfolio Management LLC bought a new position in shares of Ryerson during the fourth quarter valued at about $134,000. First Trust Advisors LP bought a new position in shares of Ryerson during the third quarter valued at about $307,000. Russell Investments Group Ltd. grew its stake in shares of Ryerson by 48.4% during the third quarter. Russell Investments Group Ltd. now owns 41,735 shares of the basic materials company’s stock valued at $355,000 after buying an additional 13,615 shares during the last quarter. Finally, Zebra Capital Management LLC grew its stake in shares of Ryerson by 129.4% during the third quarter. Zebra Capital Management LLC now owns 58,515 shares of the basic materials company’s stock valued at $499,000 after buying an additional 33,003 shares during the last quarter. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts recently issued reports on the company. ValuEngine upgraded Ryerson from a “strong sell” rating to a “sell” rating in a research report on Tuesday, March 10th. Zacks Investment Research upgraded Ryerson from a “strong sell” rating to a “hold” rating in a research report on Friday, January 24th.

Ryerson Company Profile

Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States, Canada, Mexico, and China. The company offers a line of products in stainless steel, aluminum, carbon steel, and alloy steels, as well as nickel and red metals in various shapes and forms, including coils, sheets, rounds, hexagons, square and flat bars, plates, structurals, and tubing.

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Insider Buying and Selling by Quarter for Ryerson (NYSE:RYI)

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