Ryerson (RYI) Expected to Announce Quarterly Earnings on Thursday

Ryerson (NYSE:RYI) is expected to be issuing its quarterly earnings data after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of ($0.48) per share and revenue of $1.00 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Ryerson Trading Down 3.6 %

NYSE:RYI opened at $22.35 on Thursday. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.22 and a quick ratio of 1.06. The business has a 50 day simple moving average of $20.90 and a 200 day simple moving average of $21.13. The firm has a market capitalization of $711.85 million, a P/E ratio of 36.64 and a beta of 1.59. Ryerson has a 12-month low of $17.18 and a 12-month high of $36.15.

Insider Activity at Ryerson

In other news, EVP Mark S. Silver sold 9,000 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $24.56, for a total transaction of $221,040.00. Following the completion of the sale, the executive vice president now directly owns 107,664 shares of the company’s stock, valued at $2,644,227.84. This trade represents a 7.71 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 3.88% of the company’s stock.

About Ryerson

Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States and internationally. It offers a line of products in carbon steel, stainless steel, alloy steels, and aluminum, as well as nickel and red metals in various shapes and forms, including coils, sheets, rounds, hexagons, square and flat bars, plates, structural, and tubing.