Ryerson Holding Corp. (NYSE: RYI) is -28.55% lower on its value in year-to-date trading and has touched a low of $26.15 and a high of $44.70 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RYI stock was last observed hovering at around $28.55 in the last trading session, with the day’s loss setting it -3.77%.
Currently trading at $24.78, the stock is -23.38% and -22.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.94 million and changing -13.20% at the moment leaves the stock -21.96% off its SMA200. RYI registered -34.15% loss for a year compared to 6-month gain of -9.89%.
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The stock witnessed a -24.66% loss in the last 1 month and extending the period to 3 months gives it a -27.80%, and is -20.70% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.51% over the week and 3.60% over the month.
Ryerson Holding Corp. (RYI) has around 4600 employees, a market worth around $843.02M and $5.11B in sales. Current P/E ratio is 6.08 and Fwd P/E is 9.89. Profit margin for the company is 2.85%. Distance from 52-week low is -5.24% and -44.56% from its 52-week high. The company has generated returns on investments over the last 12 months (8.66%).
The EPS is expected to shrink by -75.74% this year
The shares outstanding are 34.04M, and float is at 28.84M with Short Float at 2.72%.
Ryerson Holding Corp. (RYI) Insider Activity
The most recent transaction is an insider sale by Sundarrajan Alagu, the company’s Chief Information Officer. SEC filings show that Sundarrajan Alagu sold 2,593 shares of the company’s common stock on Mar 25 ’24 at a price of $32.52 per share for a total of $84324.0. Following the sale, the insider now owns 10484.0 shares.
Ryerson Holding Corp. disclosed in a document filed with the SEC on Mar 22 ’24 that Sundarrajan Alagu (Chief Information Officer) sold a total of 7,407 shares of the company’s common stock. The trade occurred on Mar 22 ’24 and was made at $32.77 per share for $0.24 million. Following the transaction, the insider now directly holds 13077.0 shares of the RYI stock.
Still, SEC filings show that on Dec 01 ’23, Sundarrajan Alagu (Chief Information Officer) disposed off 6,000 shares at an average price of $31.65 for $0.19 million. The insider now directly holds 20,484 shares of Ryerson Holding Corp. (RYI).
