Closing Bell: Russel Metals down on Friday (RUS)

Today in trading, Russel Metals shares opened at $38.20 and closed at $37.96. Intraday prices ranged from $37.73 to $38.32.

The price dipped -1.09% from the previous day's close of $38.38.

Today across North America, the TSX Composite closed -0.16% at 22690.39, the S&P 500 closed -0.78% at 5544.59, the Dow Jones Industrial Average closed -1.29% at 40665.02 and the Nasdaq Composite closed -0.70% at 17871.22.

Russel Metals traded under RUS on the Toronto Stock Exchange (TSX).

Trading volume was 77,661 on 619 total trades. On average, Russel Metals has traded 150,838 shares over 5 days and 184,260 year-to-date.

The TSX market on the whole today saw 1,821 price advancers against 3,352 declines and 121 unchanged.

During the prior 52 weeks, RUS.TO has traded as high as $47.39 (February 16,2024) and low as $33.38 (October 25,2023). Moreover, in the last 12 months, Russel Metals's shares have eased -0.16%, while they have dipped -15.70% since the start of 2024.

It announced a 0.42 dividend on May 03/24, with an May 29/24 ex-date and June 14/24 pay day.

Following today's trading, Russel Metals has a market capitalization of $2.31 billion on a float of 60,085 shares outstanding. Its annual EPS is $3.96.

Russel Metals is a TSX Industrial Distribution company headquartered in Mississauga, CAN.

Currently, Russel Metals has an average recommendation of "Moderate Buy" based on 7.00 analysts according to Zacks. Currently, there are 5 buy ratings and 2 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..