Many large investors have recently traded shares of Ryerson. Point72 DIFC Ltd increased its shares by 16.7%, now owning 5,835 shares worth $114,000. SG Americas Securities LLC invested $139,000 in a new stake. Zurcher Kantonalbank raised its stake by 41.6%, owning 7,685 shares valued at $150,000. Comerica Bank expanded its position by 2,177.4%, now holding 6,855 shares worth $230,000. Point72 Asset Management increased its stake by 218.7%, owning 12,749 shares valued at $249,000. Overall, 94.81% of Ryersons stock is owned by institutional investors and hedge funds.
Ryerson Stock Down 0.7%
On Friday, RYI stock opened at $19.55. Ryerson Holding Co. has a 52-week low of $17.57 and a high of $36.20. Key financial ratios are: debt-to-equity at 0.59, quick ratio at 1.11, and current ratio at 2.38. The market cap is $649.06 million, with a P/E ratio of 7.58 and a beta of 1.56. Its 50-day moving average is $19.68 and the 200-day average is $23.50.
Ryerson (NYSE:RYI Get Free Report) reported quarterly earnings on July 30th, showing $0.33 earnings per share (EPS), exceeding estimates of $0.20. The company made $1.23 billion in revenue with a return on equity of 7.27% and a net margin of 1.31%, down from $1.06 EPS the previous year.
Ryerson Dividend Announcement
Ryerson announced a quarterly dividend of $0.188, paid on September 19th to shareholders on record as of September 5th. This gives an annual dividend of $0.75, with a yield of 3.85%, and a payout ratio of 29.07%.
Ryerson Profile
(Free Report) Ryerson Holding Corporation processes and distributes industrial metals, including carbon steel, stainless steel, aluminum, and more, in various shapes and forms.
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