Stock To Watch: Ryerson Holding Corporation (NYSE:RYI)


The leading market experts have placed a mean price target of $12.90 on Ryerson Holding Corporation (NYSE:RYI) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.26 a share for the upcoming quarter and $1.44 for the current fiscal.

Technical View

The technical analysis of Ryerson Holding Corporation Com plainly substantiates that the 50-day moving average of Ryerson Holding Corporation Com is $15.90, and stock is trading $-2.43 points away or -15.28% from its 50-day moving average of $15.90. Further it is trading $3.79 or +39.11% away its 200-day moving average of $9.68. Ryerson Holding Corporation (NYSE:RYI) 52-week high is $19.71 and the 52-week low is $2.53.

This explains if the stock moves $-6.24, it will post a 52-week high. In event of +432.41% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Ryerson Holding Corporation Com, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Ryerson Holding Corporation (NYSE:RYI) ratio came in at 28.06.

The stock last ended the trading session at $13.47 and registered a market cap of $432.37M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Ryerson Holding Corporation (NYSE:RYI) PEG ratio is at 0.18.

1 Chart Pattern Every Investor Should Know

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