Closing Bell: Russel Metals up on Wednesday (RUS)

In trading today, shares of Russel Metals opened at $38.70 and closed at $38.88. Intraday prices ranged from a low of $38.42 to a high of $39.09.

Shares advanced 0.60% from the previous day's close of $38.65.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

Trading volume was 344,984 on 1,788 total trades, with an average volume of 322,831 over 5 days.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 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 advanced 0.91% in the last year, while they have dipped -13.66% year-to-date.

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 $2.27 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.

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..