Russel Metals (OTCMKTS:RUSMF – Get Free Report) is projected to issue its resultson Thursday, August 6th. Analysts expect Russel Metals to announce earnings of $0.7720 per share and revenue of $1.0453 billion for the quarter.
Russel Metals Stock Down 2.8%
Russel Metals stock opened at $48.09 on Thursday. Russel Metals has a 52 week low of $27.78 and a 52 week high of $50.44. The business’s 50-day moving average price is $45.19 and its 200 day moving average price is $39.26.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on the company. Scotiabank restated an “outperform” rating on shares of Russel Metals in a research report on Friday, July 24th. TD Securities reaffirmed a “buy” rating on shares of Russel Metals in a report on Tuesday, May 5th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.
About Russel Metals
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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