Friedman Industries, Incorporated (NASDAQ: FRD) is one of today’s top gainers. The company’s shares have moved 29.53% on the day to $34.17.
Friedman Industries, Inc. is a U.S.-based company primarily involved in the processing and manufacturing of steel and pipe, as well as their distribution. The firm operates through two distinct divisions: Coil and Tubular. The Coil segment specializes in converting steel coils into flat sheet and plate steel, cut precisely to client specifications. It also resells steel coils and offers processing services for materials owned by customers, for which it charges a fee.
So far today, approximately 166.3k shares of Friedman Industries, Incorporated have been exchanged, as compared to an average 30-day volume of 31,234 shares.
Friedman Industries, Incorporated share prices have moved between a 52-week high of $36.21 and a 52-week low of $14.51. The stock has moved 8.11% over the past week.
To learn more, visit Friedman Industries, Incorporated
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