Ryerson Holding Corp. (RYI) Stock Price Down 4.4%
Ryerson Holding Corp. (NYSE:RYI) traded down 4.4% on Tuesday . The stock traded as low as $13.83 and last traded at $13.88, with a volume of 235,076 shares traded. The stock had previously closed at $14.52.
Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. boosted their target price on Ryerson Holding Corp. from $5.00 to $6.00 and gave the stock a “neutral” rating in a report on Tuesday, April 19th. Jefferies Group restated a “hold” rating and issued a $14.50 target price (up from $10.00) on shares of Ryerson Holding Corp. in a report on Friday, June 10th. Finally, Zacks Investment Research upgraded Ryerson Holding Corp. from a “hold” rating to a “strong-buy” rating and set a $12.00 target price for the company in a report on Friday, May 13th. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has given a strong buy rating to the company’s stock. Ryerson Holding Corp. presently has an average rating of “Hold” and an average target price of $9.25.
The company has a 50-day moving average of $16.06 and a 200 day moving average of $9.58. The firm has a market cap of $433.34 million and a P/E ratio of 28.12.
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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.