Ryerson Holding Corporation (RYI) : During the past 4 weeks, traders have been relatively bearish on Ryerson Holding Corporation (RYI), hence the stock is down -14.8% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -25.55% relative to the S&P 500. The 4-week change in the price of the stock is -9.04% and the stock has fallen -25.09% in the past 1 week.
Ryerson Holding Corporation (NYSE:RYI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.59 and $13.54 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.46. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.18, notching a gain of 5.11% for the day. The total traded volume was 1,083,948 . The stock had closed at $13.49 on the previous day.
The stock has recorded a 20-day Moving Average of 17.42% and the 50-Day Moving Average is 6.35%. Ryerson Holding Corporation is up 83.68% in the last 3-month period. Year-to-Date the stock performance stands at 203.64%.
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.