Shares of Reliance Steel & Aluminum Co. (DE) (NYSE:RS) traded today at $161.89, eclipsing its 52-week high. So far today approximately 60,000 shares have been exchanged, as compared to an average 30-day volume of 410,000 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.
In the past 52 weeks, Reliance Steel & Aluminum Co. (DE) share prices are bracketed by a low of $80.20 and a high of $161.89 and is now at $161.61, 102% above that low price.
Based on a current price of $161.61, Reliance Steel & Aluminum Co. (DE) is currently 36.8% above its average consensus analyst price target of $102.06.
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