KeyBanc Capital Markets upgraded Olympic Steel Inc (NASDAQ:ZEUS) from Underweight to Sector Weight in a report released today.
- Updated: September 19, 2016
Only yesterday Olympic Steel Inc (NASDAQ:ZEUS) traded 0.00% even at $18.49. Olympic Steel Inc’s 50-day moving average is $23.03 and its two hundred day average is $22.03. The last close is down 16.08% from the two hundred day average, compared to the S&P 500 Index which has fallen -0.01% over the same period. Volume of trade was was down over the average, with 0 shares of ZEUS changing hands under the typical 156,884 shares..
KeyBanc Capital Markets has upgraded Olympic Steel Inc(NASDAQ:ZEUS) from Underweight to Sector Weight in a report released 9/19/2016.
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In addition to KeyBanc Capital Markets reporting it’s price target, a total of 2 analysts have released a ratings update on ZEUS. The one year target price is $13.00 with 0 rating the company a strong buy, 0 rating the company a buy, 0 analysts rating the stock a hold, 0 rating the stock to underperform, and lastly 0 firms rating the stock as sell.
With a total market value of $0.0, Olympic Steel Inc has a PE of 0 with a one-year low of $7.98 and a 52 week high of $31.19.
General Company Details For Olympic Steel Inc (NASDAQ:ZEUS)
Olympic Steel, Inc. is a metals service center. The Company provides metals processing and distribution services for a range of customers. The Company operates through three segments: carbon flat products, specialty metals flat products, and tubular and pipe products. The Company’s carbon flat products segment’s focus is on the direct sale and distribution of large volumes of processed carbon and coated flat-rolled sheet, coil and plate products and fabricated parts. The Company’s specialty metals flat products segment’s focus is on the direct sale and distribution of processed aluminum and stainless flat-rolled sheet and coil products, flat bar products and fabricated parts. The Company’s tubular and pipe products segment consists of the Chicago Tube and Iron Company (CTI) business. Through its tubular and pipe products segment, it distributes metals tubing, pipe, bar, valve and fittings, and and fabricate pressure parts supplied to various industrial markets.
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