On Tuesday, Radius Recycling Inc (NASDAQ: RDUS) was 0.44% up from the session before settling in for the closing price of $29.38. A 52-week range for RDUS has been $10.57 – $29.48.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Basic Materials sector has jumped its sales by 9.09% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -22.64%. With a float of $25.71 million, this company’s outstanding shares have now reached $28.00 million.
In an organization with 3011 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 5.78%, operating margin of -10.86%, and the pretax margin is -12.07%.
Radius Recycling Inc (RDUS) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Radius Recycling Inc stocks. The insider ownership of Radius Recycling Inc is 8.82%, while institutional ownership is 85.43%. The most recent insider transaction that took place on Nov 07 ’24, was worth 175,680. In this transaction SVP & President, Recycling P&S of this company sold 9,000 shares at a rate of $19.52, taking the stock ownership to the 121,017 shares. Before that another transaction happened on Nov 07 ’24, when Company’s Officer proposed sale 9,000 for $19.50, making the entire transaction worth $175,500.
Radius Recycling Inc (RDUS) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -22.64% per share during the next fiscal year.
Radius Recycling Inc (NASDAQ: RDUS) Trading Performance Indicators
You can see what Radius Recycling Inc (RDUS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -9.98, a number that is poised to hit -0.64 in the next quarter and is forecasted to reach 0.16 in one year’s time.
Technical Analysis of Radius Recycling Inc (RDUS)
Let’s dig in a bit further. During the last 5-days, its volume was 0.6 million. That was inferior than the volume of 0.74 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 67.43%. Additionally, its Average True Range was 0.31.
During the past 100 days, Radius Recycling Inc’s (RDUS) raw stochastic average was set at 99.58%, which indicates a significant increase from 88.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 5.56% in the past 14 days, which was lower than the 125.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.60, while its 200-day Moving Average is $18.58. However, in the short run, Radius Recycling Inc’s stock first resistance to watch stands at $29.62. Second resistance stands at $29.72. The third major resistance level sits at $29.86. If the price goes on to break the first support level at $29.38, it is likely to go to the next support level at $29.24. The third support level lies at $29.14 if the price breaches the second support level.
Radius Recycling Inc (NASDAQ: RDUS) Key Stats
There are 28,202K outstanding shares of the company, which has a market capitalization of 832.24 million. As of now, sales total 2,739 M while income totals -266,410 K. Its latest quarter income was 642,510 K while its last quarter net income were -32,980 K.
