Reliance Steel & Aluminum Co (NYSE:RS) has been upgraded to Buy in a report by Clarkson Capital today.
- Updated: October 19, 2016
Yesterday Reliance Steel & Aluminum Co (NYSE:RS) traded 2.25% higher at $72.56. The company’s 50-day moving average is $70.77 and its 200-day moving average is $73.84. The last stock close price is down -1.73% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 931,925 shares of RS traded, up from an avg. volume of 567,422
Clarkson Capital has upgraded Reliance Steel & Aluminum Co (NYSE:RS) to Buy in a report released on 10/18/2016.
Recent Performance Chart
Reliance Steel & Aluminum Co has PE ratio of 16.92 with a one year low of $50.08 and a one year high of $84.25 and has a market capitalization of $0.
A total of 9 brokerages have issued a ratings update on Reliance Steel & Aluminum Co. One brokerage rating the company a strong buy, two brokerages rating the company a buy, seven brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $69.78.
General Company Details For Reliance Steel & Aluminum Co (NYSE:RS)
Reliance Steel & Aluminum Co. is a metals service center company. The Company operates through metals service centers segment. The Company's network of metals service centers operates over 300 locations in approximately 40 states in the United States and in other countries, including Australia, Belgium, Canada, China, France, Malaysia, Mexico, Singapore, South Korea, Turkey, the United Arab Emirates and the United Kingdom. It provides metals processing services and distributes a line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and specialty steel products, to over 125,000 customers in a range of industries. Its various metals service centers process and distribute only specialty metals. It delivers a range of products from facilities located across the United States and Canada. It is also engaged in toll processing of aluminum, carbon steel and stainless steel.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.