In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Radius Recycling Inc (NASDAQ: RDUS) closed the day trading at $29.19 up 1.00% from the previous closing price of $28.90. In other words, the price has increased by $1.00 from its previous closing price. On the day, 0.64 million shares were traded. RDUS stock price reached its highest trading level at $29.195 during the session, while it also had its lowest trading level at $28.9.
Ratios:
For a better understanding of RDUS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 1.04 whereas as Long-Term Debt/Eq ratio is at 0.99.
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 823216384 and an Enterprise Value of 1382862848. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 1.52. Its current Enterprise Value per Revenue stands at 0.504 whereas that against EBITDA is 130.742.
Stock Price History:
The Beta on a monthly basis for RDUS is 1.01, which has changed by 0.6307262 over the last 52 weeks, in comparison to a change of 0.07545352 over the same period for the S&P500. Over the past 52 weeks, RDUS has reached a high of $29.25, while it has fallen to a 52-week low of $10.57. The 50-Day Moving Average of the stock is 30.45%, while the 200-Day Moving Average is calculated to be 64.27%.
Shares Statistics:
Over the past 3-months, RDUS traded about 844.62K shares per day on average, while over the past 10 days, RDUS traded about 850120 shares per day. A total of 28.00M shares are outstanding, with a floating share count of 26.10M. Insiders hold about 7.46% of the company’s shares, while institutions hold 87.28% stake in the company. Shares short for RDUS as of 1743379200 were 1052642 with a Short Ratio of 1.25, compared to 1740700800 on 601722. Therefore, it implies a Short% of Shares Outstanding of 1052642 and a Short% of Float of 4.46.
Dividends & Splits
RDUS’s forward annual dividend rate is 0.75, up from 0.75 a year ago. Against a Trailing Annual Dividend Yield of 0.025951557The stock’s 5-year Average Dividend Yield is 2.91.
