Closing Bell: Russel Metals down on Friday (RUS)

Today, Russel Metals shares closed at $38.60 after opening the day at $39.00. It traded at a low of $38.10 to a high of $39.16.

Shares dipped -1.81 percent from the previous day's close of $39.31.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

Trading volume was 250,024 on 1,746 total trades. On average, Russel Metals has traded 275,960 shares in the last five days and 187,008 year-to-date.

The TSX market on the whole today saw 432 price advancers against 4,843 declines and 43 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 raised 0.78%, while they have shrunken -14.28% year-to-date.

It announced a 0.42 dividend on July 31/24, with an August 28/24 ex-date and September 16/24 pay day.

Following today's trading, Russel Metals has a market capitalization of $2.26 billion on a float of 58,667 shares outstanding. Its annual EPS is $3.43.

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

Russel Metals's average recommendation is "Moderate Buy" based on 7.00 analysts according to Zacks. From those 7 analysts, 5 have buy ratings and 2 analysts gave hold ratings.

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..