The stock of Radius Recycling Inc (NASDAQ:RDUS) last traded at $27.81, up 103.59% from the previous session.
RDUS stock price is now 109.61% away from the 50-day moving average and 74.86% away from the 200-day moving average. The market capitalization of the company currently stands at $783.00M.
With the price target of $22, Goldman recently initiated with Neutral rating for Radius Recycling Inc (NASDAQ: RDUS). , while the Seaport Research Partners previously rated the stock as ‘Sell’ on February 28, 2024.
In other news, Heiskell Steven, SVP & President, Recycling P&S sold 9,000 shares of the company’s stock on Nov 07 ’24. The stock was sold for $175,680 at an average price of $19.52. Upon completion of the transaction, the SVP & President, Recycling P&S now directly owns 121,017 shares in the company, valued at $3.37 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 07 ’24, Officer Heiskell Steven bought 9,000 shares of the business’s stock. A total of $175,500 was incurred on buying the stock at an average price of $19.50. A total of 7.46% of the company’s stock is owned by insiders.
During the past 12 months, Radius Recycling Inc has had a low of $10.57 and a high of $21.42. As of last week, the company has a debt-to-equity ratio of 1.00, a current ratio of 2.02, and a quick ratio of 0.97. The fifty day moving average price for RDUS is $13.2674 and a two-hundred day moving average price translates $15.90385 for the stock.
The latest earnings results from Radius Recycling Inc (NASDAQ: RDUS) was released for 2024-11-30. The net profit margin was -10.49% and return on equity was -39.08% for RDUS. The company reported revenue of $656.54 million for the quarter, compared to $672.9 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.43 percent.
