Russel Metals Inc (TSE:RUS) insider Maureen Ann Kelly sold 5,000 shares of the firm’s stock in a transaction dated Friday, March 9th. The shares were sold at an average price of C$30.20, for a total transaction of C$151,000.00.

Shares of Russel Metals Inc (TSE:RUS) traded down C$0.30 during trading hours on Wednesday, reaching C$29.41. 12,439 shares of the company were exchanged, compared to its average volume of 255,783. The firm has a market capitalization of $1,840.00, a P/E ratio of 14.86 and a beta of 0.74. Russel Metals Inc has a 1 year low of C$23.67 and a 1 year high of C$32.65.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 15th will be given a $0.38 dividend. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $1.52 dividend on an annualized basis and a yield of 5.17%. Russel Metals’s payout ratio is currently 76.00%.

A number of brokerages recently commented on RUS. Raymond James Financial raised their price objective on shares of Russel Metals from C$32.00 to C$33.00 and gave the company an “outperform” rating in a research report on Friday, February 16th. TD Securities raised their price objective on shares of Russel Metals from C$36.00 to C$39.00 and gave the company a “buy” rating in a research report on Tuesday, February 20th.

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Russel Metals Company Profile

Russel Metals Inc is a metals distribution and processing company. The Company primarily distributes steel products. The Company operates through three segments: metals service centers, energy products and steel distributors. The Company provides processing and distribution services to a base of approximately 43,000 end users through a network of 50 locations in Canada and 14 locations in the United States.

Insider Buying and Selling by Quarter for Russel Metals (TSE:RUS)

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