Shares of Russel Metals Inc. (OTCMKTS:RUSMF – Get Free Report) have received a consensus rating of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.
A number of analysts have recently weighed in on RUSMF shares. Royal Bank Of Canada reissued an “outperform” rating on shares of Russel Metals in a research report on Wednesday, September 30th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Russel Metals in a report on Monday. Raymond James Financial downgraded shares of Russel Metals to a “market perform” rating in a research note on Monday, August 10th. Finally, Scotiabank reissued an “outperform” rating on shares of Russel Metals in a report on Monday, October 5th.
View Our Latest Research Report on RUSMF
Russel Metals Stock Performance
Shares of RUSMF traded up $2.98 during trading on Monday, reaching $66.40. The company’s stock had a trading volume of 205 shares, compared to its average volume of 17,716. The company has a fifty day moving average of $57.76 and a two-hundred day moving average of $48.11. Russel Metals has a twelve month low of $27.78 and a twelve month high of $66.95.
About Russel Metals
Russel Metals Inc is a Canadian metals distribution and processing company that supplies industrial, commercial and energy-sector customers across North America. The company operates through a network of metals service centers, which provide products, inventory management and processing services tailored to customer requirements.
Its product offerings include carbon steel, stainless steel, aluminum, plate, flat-rolled steel, bars, beams, structural products, pipe and tubular goods. Russel Metals also provides value-added services such as cutting, forming, machining and other processing activities designed to prepare metals for use in manufacturing, construction, infrastructure, transportation and energy applications.
Founded in 1929, Russel Metals has expanded from its Canadian roots to serve customers in Canada and the United States.
Featured Stories
- Five stocks we like better than Russel Metals
- The AI Sell-Off Continues—These 3 Stocks Keep Raising Guidance Anyway
- Mr. Wonderful’s Test for AI Data Center Stocks: Power, Permits, and Tenants
- Alcoa Beat Earnings, But Can It Escape the Aluminum Bears?
- Insider Buying Is Rising at These 3 Regional Banks, But the Details Matter
Receive News & Ratings for Russel Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Russel Metals and related companies with MarketBeat.com's FREE daily email newsletter.
