Castle (A.M.) & Co. (CAS) Shares are Down -1.4%

Castle (A.M.) & Co. (CAS) has risen sharply, recording gains of 0.73% in the past 4 weeks. However, the stock has corrected -1.4% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.94% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.14% and the fifty day Moving Average is 9.43%. A. M. Castle & Co. has dropped 21.78% during the last three month period . Year-to-Date the stock performance stands at -11.94%.


Castle (A.M.) & Co. (NYSE:CAS): On Fridays trading session , Opening price of the stock was $1.41 with an intraday high of $1.48. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $1.39. However, the stock managed to close at $1.4001, a loss of 1.40% for the day. On the previous day, the stock had closed at $1.42. The total traded volume of the day was 51,165 shares.

A. M. Castle & Co. is a specialty metals and plastics distribution company serving customers on a global basis. The Company operates in two segments: Metal and Plastics segment. The Company distributes and performs processing on both metals and plastics. The Company provides a range of products and value-added processing and supply chain services to an array of customers. Its metals customers are principally within the producer durable equipment, oil and gas, aerospace, heavy industrial equipment, industrial goods and construction equipment sectors of the global economy, and its plastics customers are primarily in the retail, marine and automotive sectors. The Company operates out of 29 metals service centers located throughout North America (24), Europe (three) and Asia (two) and 18 plastics service centers located in the United States. It holds a 50% joint venture interest in Kreher Steel Company, LLC, a national distributor and processor of carbon and alloy steel bar products.

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