Russel Metals Inc. (OTCMKTS:RUSMF – Get Free Report) shares dropped 2.8% on Wednesday . The stock traded as low as $48.09 and last traded at $48.09. 11,781 shares were traded during trading, a decline of 39% from the average session volume of 19,168 shares. The stock had previously closed at $49.49.
Analyst Upgrades and Downgrades
RUSMF has been the topic of several recent analyst reports. TD Securities reissued a “buy” rating on shares of Russel Metals in a report on Tuesday, May 5th. Scotiabank reiterated an “outperform” rating on shares of Russel Metals in a research report on Friday, July 24th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.
View Our Latest Stock Analysis on RUSMF
Russel Metals Price Performance
Russel Metals Company Profile
Russel Metals Inc is one of North America’s leading metal distribution and processing companies, offering a comprehensive range of steel, aluminum, stainless steel, and specialty metal products. Through its extensive network of service centres, the company provides value-added processing such as precision cutting, shearing, burning, drilling, rolling, and plate profiling, alongside inventory management and just-in-time delivery solutions. This integrated model helps industrial, construction, and manufacturing customers optimize supply chains and reduce lead times.
Founded in 1929 and headquartered in Mississauga, Ontario, Russel Metals has grown through organic expansion and strategic acquisitions to establish a broad presence across Canada and the United States.
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