Ryerson Holding Corp (NYSE: RYI) is -26.47% lower on its value in year-to-date trading and has touched a low of $17.57 and a high of $36.20 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 $25.57 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $25.50, the stock is 4.26% and 14.71% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing -0.27% at the moment leaves the stock 4.76% off its SMA200. RYI registered -14.03% loss for a year compared to 6-month loss of 10.39%. The firm has a 50-day simple moving average (SMA 50) of $22.1068 and a 200-day simple moving average (SMA200) of $24.376.
The stock witnessed a 13.74% gain in the last 1 month and extending the period to 3 months gives it a 27.95%, and is 4.55% up 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 2.83% over the week and 4.11% over the month.
Ryerson Holding Corp (RYI) has around 4600 employees, a market worth around $812.10M and $4.70B in sales. Current P/E ratio is 42.07 and Fwd P/E is 19.69. Profit margin for the company is 0.46%. Distance from 52-week low is 45.13% and -29.56% from its 52-week high. The company has generated returns on investments over the last 12 months (1.27%).
The EPS is expected to shrink by -112.87% this year
220.0 institutions hold shares in Ryerson Holding Corp (RYI), with institutional investors hold 99.16% of the company’s shares. The shares outstanding are 34.04M, and float is at 26.65M with Short Float at 3.22%. Institutions hold 95.21% of the Float.
The top institutional shareholder in the company is PLATINUM EQUITY ADVISORS, LLC/DE with over 3.92 million shares valued at $76.53 million. The investor’s holdings represent 11.5348 of the RYI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.31 million shares valued at $64.46 million to account for 9.7166 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 2.17 million shares representing 6.3926 and valued at over $42.41 million, while VANGUARD GROUP INC holds 6.2215 of the shares totaling 2.12 million with a market value of $41.28 million.
Ryerson Holding Corp (RYI) Insider Activity
The most recent transaction is an insider sale by Silver Mark S., the company’s EVP, GC & CHRO. SEC filings show that Silver Mark S. sold 9,000 shares of the company’s common stock on Nov 15 ’24 at a price of $24.56 per share for a total of $0.22 million. Following the sale, the insider now owns 0.11 million shares.
Still, SEC filings show that on Nov 11 ’24, Kannan Molly D (CAO & Corporate Controller) disposed off 4,344 shares at an average price of $26.05 for $0.11 million. The insider now directly holds 16,180 shares of Ryerson Holding Corp (RYI).
