Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Ryerson Holding Corp.’s current trading price is -44.56% away from its 52-week high, while its distance from the 52-week low is -5.24%. The stock’s price range over this period has fluctuated between $26.15 and $44.70. The company, operating within the financial sector, had a trading volume of approximately 0.94 million for the day, which was noticeably higher than the average daily share volume of 0.23 million over the last 3 months.
In terms of market performance, Ryerson Holding Corp. had a fairly uneven. The highest value for the stock in the past year was $44.70 on 07/03/23, and the lowest value was recorded at $26.15 on 05/01/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Ryerson Holding Corp. (RYI) has experienced a quarterly decline of -27.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 843.02M and boasts a workforce of 4600 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 32.67, with a change in price of -4.72. Similarly, Ryerson Holding Corp. recorded 243,287 in trading volume during the last 100 days, posting a change of -16.00%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for RYI stands at 0.91. Similarly, the long-term debt-to-equity ratio is also 0.86.
RYI Stock Stochastic Average
Today, Ryerson Holding Corp.’s raw stochastic average for the past 50 days stands at 14.43%, indicating a decline from the raw stochastic average of the last 20 days, which was 15.21%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 9.99% and 10.11% respectively.
RYI Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded a decrease of -28.55%. However, over the last six months, the performance has been stronger by -9.89%. The price of RYI decreased -24.66% over the last 30 days. And in the last five days, it has fallen by -20.70%.
