Radius Recycling Inc (NASDAQ: RDUS) is 91.33% higher on its value in year-to-date trading and has touched a low of $10.57 and a high of $29.20 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RDUS stock was last observed hovering at around $28.53 in the last trading session, with the day’s gains setting it 0.59%.
Currently trading at $29.12, the stock is 3.47% and 52.90% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.49 million and changing 2.07% at the moment leaves the stock 70.62% off its SMA200. RDUS registered 44.37% gain for a year compared to 6-month loss of 59.82%. The firm has a 50-day simple moving average (SMA 50) of $19.0452 and a 200-day simple moving average (SMA200) of $17.06765.
The stock witnessed a 115.38% gain in the last 1 month and extending the period to 3 months gives it a 97.16%, and is 0.00% 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 2.36% over the week and 2.11% over the month.
Radius Recycling Inc (RDUS) has around 3011 employees, a market worth around $821.24M and $2.74B in sales. Fwd P/E is 216.34. Profit margin for the company is -10.37%. Distance from 52-week low is 175.50% and -0.27% from its 52-week high. The company has generated returns on investments over the last 12 months (-26.40%).
with sales reaching $704.15M over the same period.The EPS is expected to shrink by -14.18% this year, but quarterly earnings will post 0.34% year-over-year. Quarterly sales are estimated to grow 4.49% in year-over-year returns.
253.0 institutions hold shares in Radius Recycling Inc (RDUS), with institutional investors hold 90.92% of the company’s shares. The shares outstanding are 28.00M, and float is at 26.10M with Short Float at 2.23%. Institutions hold 84.96% of the Float.
Radius Recycling Inc (RDUS) Insider Activity
The most recent transaction is an insider sale by Heiskell Steven, the company’s SVP & President, Recycling P&S. SEC filings show that Heiskell Steven sold 9,000 shares of the company’s common stock on Nov 07 ’24 at a price of $19.52 per share for a total of $0.18 million. Following the sale, the insider now owns 0.12 million shares.
Still, SEC filings show that on Nov 05 ’24, Vaughn James Matthew (SVP, GC, CCO, Corp. Secretary) disposed off 1,379 shares at an average price of $16.63 for $22933.0. The insider now directly holds 15,028 shares of Radius Recycling Inc (RDUS).
