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.
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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