Olympic Steel Inc (NASDAQ: ZEUS) established initial surge of 23.42% at $36.84, as the Stock market unbolted on Wednesday, before settling in for the price of $29.85 at the close. Taking a more long-term approach, ZEUS posted a 52-week range of $26.32-$43.60.
The company of the Basic Materials sector’s yearbook sales growth during the past 5- year span was recorded 42.49%. Meanwhile, its Annual Earning per share during the time was 42.49%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -52.79%. This publicly-traded company’s shares outstanding now amounts to $11.20 million, simultaneously with a float of $9.81 million. The organization now has a market capitalization sitting at $412.52 million. At the time of writing, stock’s 50-day Moving Average stood at $31.26, while the 200-day Moving Average is $32.21.
Olympic Steel Inc (ZEUS) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Olympic Steel Inc industry. Olympic Steel Inc’s current insider ownership accounts for 12.39%, in contrast to 83.39% institutional ownership.
Olympic Steel Inc (ZEUS) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.78 per share during the current fiscal year.
Olympic Steel Inc’s EPS decrease for this current 12-month fiscal period is -52.79% and is forecasted to reach 2.29 in the upcoming year.
Olympic Steel Inc (NASDAQ: ZEUS) Trading Performance Indicators
Let’s observe the current performance indicators for Olympic Steel Inc (ZEUS). It’s Quick Ratio in the last reported quarter now stands at 1.17. Alongside those numbers, its PE Ratio stands at $31.45, and its Beta score is 1.78. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.22. Similarly, its price to free cash flow for trailing twelve months is now 5.88.
In the same vein, ZEUS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.17, and analysts are predicting that it will be 2.29 at the market close of one year from today.
Technical Analysis of Olympic Steel Inc (ZEUS)
Now, what If we examine the latest scores posted by [Olympic Steel Inc, ZEUS]. During the last 5-days, its volume was better the volume of 82012.0 it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 83.13% While, its Average True Range was 83.66.
Raw Stochastic average of Olympic Steel Inc (ZEUS) in the period of the previous 100 days is set at 85.73%, which indicates a major rise in contrast to 85.73% 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 1.46 that was higher than 1.07 volatility it exhibited in the past 100-days period.
