Trium Capital LLP Sells 4,120 Shares of Radius Recycling, Inc. (NASDAQ:RDUS)

Trium Capital LLP lessened its holdings in Radius Recycling, Inc. (NASDAQ:RDUS) by 30.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,395 shares of the basic materials company’s stock after selling 4,120 shares during the quarter. Trium Capital LLP’s holdings in Radius Recycling were worth $174,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Nordea Investment Management AB bought a new stake in Radius Recycling during the first quarter worth about $3,959,000. Russell Investments Group Ltd. acquired a new position in Radius Recycling in the 1st quarter valued at approximately $3,884,000. Swedbank AB bought a new position in shares of Radius Recycling during the first quarter valued at $1,437,000. Fisher Asset Management LLC bought a new position in shares of Radius Recycling during the fourth quarter valued at $4,488,000. Finally, Lesa Sroufe & Co acquired a new position in shares of Radius Recycling during the first quarter worth $1,321,000. 78.11% of the stock is currently owned by institutional investors and hedge funds.

Radius Recycling Trading Down 1.6 %

NASDAQ:RDUS opened at $17.92 on Tuesday. Radius Recycling, Inc. has a 12 month low of $12.69 and a 12 month high of $31.70. The company has a current ratio of 1.96, a quick ratio of 0.92 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $502.46 million, a price-to-earnings ratio of -1.87 and a beta of 1.53. The firm has a fifty day simple moving average of $15.94 and a two-hundred day simple moving average of $16.89.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Radius Recycling from a “sell” rating to a “hold” rating in a report on Friday, September 27th.

About Radius Recycling

Radius Recycling, Inc recycles ferrous and nonferrous metal, and manufactures finished steel products worldwide. The company acquires, processes, and recycles salvaged vehicles, rail cars, home appliances, industrial machinery, manufacturing scrap, and construction and demolition scrap. It offers recycled ferrous metal, a feedstock used in the production of finished steel products; and nonferrous products, including mixed metal joint products recovered from the shredding process, such as zorba, zurik, aluminum, copper, stainless steel, nickel, brass, titanium, lead, and high temperature alloys.