Reliance Steel & Aluminum Co. (DE) (NYSE:RS) traded at a new 52-week high today of $198.44. Approximately 120,000 shares have changed hands today, as compared to an average 30-day volume of 470,000 shares.
Reliance Steel & Aluminum is a metal service center in the United States, providing metal processing and inventory management services for carbon and stainless steel, aluminum, and alloys. The company provides over 100,000 product types to approximately more than 125,000 customers. Reliance predominantly supplies the nonresidential construction, automotive, aerospace, energy, transportation, and heavy equipment end markets. Its product offerings comprise alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products.
Based on a current price of $195.69, Reliance Steel & Aluminum Co. (DE) is currently 2.3% above its average consensus analyst price target of $191.14.
Reliance Steel & Aluminum Co. (DE) share prices have moved between a 52-week high of $198.44 and a 52-week low of $135.46 and are now trading 44% above that low price at $195.69 per share.
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