Closing Bell: Russel Metals up on Wednesday (RUS)

Today during trading, Russel Metals opened at $39.91 and closed at $40.14. Intraday prices ranged from a low of $39.72 to a high of $40.50.

Share prices advanced 0.55 percent from the previous day's close of $39.92.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

Russel Metals traded under RUS on the Toronto Stock Exchange (TSX).

Trading volume was 214,772 on 1,567 total trades, with an average volume of 227,173 over the last 5 days.

The TSX market on the whole today saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, RUS.TO has traded as high as $47.39 (February 16,2024) and low as $33.38 (October 25,2023). Moreover, in the last 12 months, Russel Metals's shares have advanced 3.91%, while they have decreased -10.86% since the start of 2024.

It announced a 0.42 dividend on May 03/24, with an May 29/24 ex-date and June 14/24 pay day.

Following today's trading, Russel Metals has a market capitalization of $2.40 billion on a float of 60,085 shares outstanding. Its annual EPS is $3.96.

Russel Metals is a TSX Industrial Distribution company headquartered in Mississauga, CAN.

Russel Metals is holding an average recommendation of "Moderate Buy" from 7.00 analysts according to Zacks. From those 7 analysts, 5 have buy ratings and 2 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..