Watch for Continued Gains in Shares of Ryerson Holding Corporation (RYI)

March 22, 2022 09:25:26

Shares of Ryerson Holding Corporation (NYSE:RYI) traded at a new 52-week high today of $39.33. Approximately 52,000 shares have changed hands today, as compared to an average 30-day volume of 308,000 shares.

Based on a current price of $38.45, Ryerson Holding Corporation is currently 1.7% above its average consensus analyst price target of $37.80.

In the past 52 weeks, shares of Ryerson Holding Corporation have traded between a low of $13.39 and a high of $39.33 and is now at $38.45, which is 187% above that low price.

Ryerson Holding Corp provides a metals service center, value-added processor and is a distributor of industrial metals with operations in the United States, Canada and Mexico. In addition to its North American operations, it conducts processing and distribution operations in China. Its customers range from local, independently owned fabricators and machine shops to large, international original equipment manufacturers. It carries a full line of products in stainless steel, aluminum, carbon steel, and alloy steels and a limited line of nickel and red metals in various shapes and forms. The company generates substantially all of its revenue from sales of metals products.

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