Closing Bell: Russel Metals up on Tuesday (RUS)

In market activity today, Russel Metals shares closed at $38.65 after opening the day at $37.58. Intraday prices ranged from $37.34 to $39.14.

The price advanced 0.13 percent from the previous day's close of $38.60.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

Trading volume was 459,551 on 2,367 total trades. On average, Russel Metals has traded 280,310 shares in the last five days and 188,812 year-to-date.

Trading across the entire TSX saw 3,772 price advancers against 1,443 declines and 86 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, the shares have raised 0.31 percent in 52 weeks, while they have dipped -14.17% since the start of 2024.

It announced a 0.42 dividend on July 31/24, with an August 28/24 ex-date and September 16/24 pay day.

Following today's trading, Russel Metals has a market capitalization of $2.26 billion on a float of 58,667 shares outstanding. Its annual EPS is $3.43.

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

Currently, Russel Metals's consensus rating is "Moderate Buy" based on 7 analysts according to Zacks. Currently, there are 5 buy ratings and 2 hold ratings for the stock.

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..