Ryerson Holding Corporation (RYI) has been under a strong bear grip, hence the stock is down -22% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.9% in the past 1 week. The stock has risen by 1.83% in the past week indicating that the buyers are active at lower levels, but the stock is down -19.38% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 13.54% and the 50-Day Moving Average is 6.45%. Ryerson Holding Corporation is up 62.61% in the last 3-month period. Year-to-Date the stock performance stands at 209.21%.
Ryerson Holding Corporation (NYSE:RYI): On Fridays trading session , Opening price of the stock was $14.46 with an intraday high of $14.69. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $14.2. However, the stock managed to close at $14.44, a loss of 0.14% for the day. On the previous day, the stock had closed at $14.46. The total traded volume of the day was 1,049,917 shares.
Ryerson Holding Corporation (Ryerson Holding) is a service center company for carbon and stainless steel, as well as aluminum. The Company process and distribute a full line of over 70,000 products in stainless steel, aluminum, carbon steel and alloy steels and a limited line of nickel and red metals in various shapes and forms. The Companys operations cover a range of industries, including industrial equipment manufacturing, industrial fabrication, electrical machinery production, transportation equipment manufacturing, heavy equipment manufacturing and oil and gas. The Company is a processor and distributor of metals with operations located in North America, China and Brazil. It operates over 90 facilities across North America, six facilities in China and one facility in Brazil.