The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $14.77 in the prior trading day, Radius Recycling Inc (NASDAQ: RDUS) closed at $11.41, down -22.75%. In other words, the price has decreased by -$22.75 from its previous closing price. On the day, 1.17 million shares were traded. RDUS stock price reached its highest trading level at $13.03 during the session, while it also had its lowest trading level at $10.57.
Ratios:
Our goal is to gain a better understanding of RDUS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 2.02. In the meantime, Its Debt-to-Equity ratio is 1.00 whereas as Long-Term Debt/Eq ratio is at 0.96.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on December 02, 2024, initiated with a Neutral rating and assigned the stock a target price of $22.
Seaport Research Partners Downgraded its Neutral to Sell on February 28, 2024, while the target price for the stock was maintained at $17.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 07 ’24 when Heiskell Steven sold 9,000 shares for $19.52 per share. The transaction valued at 175,680 led to the insider holds 121,017 shares of the business.
Heiskell Steven bought 9,000 shares of RDUS for $175,500 on Nov 07 ’24. On Nov 05 ’24, another insider, Vaughn James Matthew, who serves as the SVP, GC, CCO, Corp. Secretary of the company, sold 1,379 shares for $16.63 each. As a result, the insider received 22,933 and left with 15,028 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RDUS now has a Market Capitalization of 321253120 and an Enterprise Value of 951337728. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.51. Its current Enterprise Value per Revenue stands at 0.347 whereas that against EBITDA is 84.219.
Stock Price History:
Over the past 52 weeks, RDUS has reached a high of $28.20, while it has fallen to a 52-week low of $12.69. The 50-Day Moving Average of the stock is -35.23%, while the 200-Day Moving Average is calculated to be -33.33%.
Shares Statistics:
The stock has traded on average 195.11K shares per day over the past 3-months and 306700 shares per day over the last 10 days, according to various share statistics. A total of 28.16M shares are outstanding, with a floating share count of 25.53M. Insiders hold about 9.31% of the company’s shares, while institutions hold 81.58% stake in the company. Shares short for RDUS as of 1734048000 were 487693 with a Short Ratio of 2.50, compared to 1731628800 on 504569. Therefore, it implies a Short% of Shares Outstanding of 487693 and a Short% of Float of 2.07.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.92.
