Zacks Investment Research recorded Ryerson Holding Corp (NYSE:RYI), hiking its target to $11.00 earlier today
- Updated: October 15, 2016
Boasting a price of $9.39, Ryerson Holding Corp (NYSE:RYI) traded 3.97% higher on the day. With the last stock price close down -21.48% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Ryerson Holding Corp has recorded a 50-day average of $10.87 and a two hundred day average of $12.01. Volume of trade was down over the average, with 411,169 shares of RYI changing hands under the typical 658,314
Zacks Investment Research upped the stock price target of Ryerson Holding Corp (NYSE:RYI) to $11.00 indicating a possible upside of 0.17%.
On Thursday September 15, 2016, Jefferies & Co released a statement for Ryerson Holding Corp (NYSE:RYI) bumped down the target price from $14.50 to $12.00 that suggested an upside of 0.13%.
With a total market value of $0, Ryerson Holding Corp has price-earnings ratio of 58.21 with a one year low of $2.53 and a one year high of $19.71 .
Brief Synopsis About Ryerson Holding Corp (NYSE:RYI)
Ryerson Holding Corporation (Ryerson Holding) is a service center company for carbon and stainless steel, as well as aluminum. The Company processes and distributes a full line of over 70,000 products in stainless steel, aluminum, carbon steel and alloy steels, and a limited line of nickel and red metals in various shapes and forms. It operates in the metal service centers segment. In addition to providing a range of flat and long metals products, it offers various value-added processing and fabrication services, such as sawing, slitting, blanking, cutting to length, leveling, flame cutting, laser cutting, edge trimming, edge rolling, roll forming, tube manufacturing, polishing, shearing, forming, stamping, punching, rolling shell plate to radius and beveling to process materials to a specified thickness, length, width, shape and surface quality pursuant to specific customer orders. It owns, leases or contracts a fleet of tractors and trailers.
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