Ryerson Holding Corp. (RYI) distance from 200-day Simple Moving Average is $31.66: Right on the Precipice

As on Wednesday, Ryerson Holding Corp. (NYSE: RYI) started slowly as it slid -13.20% to $24.78, before settling in for the price of $28.55 at the close. Taking a more long-term approach, RYI posted a 52-week range of $26.15-$44.70.

The Industrials Sector giants’ yearly sales growth during the last 5-year period was 7.01%. Meanwhile, its Annual Earning per share during the time was 7.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -75.74%. This publicly-traded company’s shares outstanding now amounts to $34.04 million, simultaneously with a float of $28.84 million. The organization now has a market capitalization sitting at $843.02 million. At the time of writing, stock’s 50-day Moving Average stood at $31.95, while the 200-day Moving Average is $31.66.

Ryerson Holding Corp. (RYI) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Metal Fabrication industry. Ryerson Holding Corp.’s current insider ownership accounts for 15.22%, in contrast to 84.51% institutional ownership. According to the most recent insider trade that took place on Mar 25 ’24, this organization’s Chief Information Officer sold 2,593 shares at the rate of 32.52, making the entire transaction reach 84,324 in total value, affecting insider ownership by 10,484. Preceding that transaction, on Mar 22 ’24, Company’s Chief Information Officer sold 7,407 for 32.77, making the whole transaction’s value amount to 242,753. This particular insider is now the holder of 13,077 in total.

Ryerson Holding Corp. (RYI) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 3/31/2024, the company posted 1.06 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 1.34) by -0.28. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.38 per share during the current fiscal year.

Ryerson Holding Corp.’s EPS decrease for this current 12-month fiscal period is -75.74% and is forecasted to reach 2.50 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 0.31% through the next 5 years, which can be compared against the 7.80% growth it accomplished over the previous five years trading on the market.

Ryerson Holding Corp. (NYSE: RYI) Trading Performance Indicators

Let’s observe the current performance indicators for Ryerson Holding Corp. (RYI). It’s Quick Ratio in the last reported quarter now stands at 0.95. The Stock has managed to achieve an average true range (ATR) of 1.32. Alongside those numbers, its PE Ratio stands at $6.08, and its Beta score is 1.69. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.17. Similarly, its price to free cash flow for trailing twelve months is now 3.47.

In the same vein, RYI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.08, a figure that is expected to reach 0.36 in the next quarter, and analysts are predicting that it will be 2.50 at the market close of one year from today.

Technical Analysis of Ryerson Holding Corp. (RYI)

Through scrutinizing the latest numbers posted by the [Ryerson Holding Corp., RYI], it can be observed that its last 5-days Average volume of 0.37 million was better the volume of 0.22 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 14.10% While, its Average True Range was 1.52.

Raw Stochastic average of Ryerson Holding Corp. (RYI) in the period of the previous 100 days is set at 13.42%, which indicates a major fall in contrast to 16.53% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 59.44% that was higher than 43.27% volatility it exhibited in the past 100-days period.