Radius Recycling Inc [RDUS] stock prices are up 5.38% to $12.74 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The RDUS shares have gain 16.24% over the last week, with a monthly amount drifted -25.32%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Radius Recycling Inc [NASDAQ: RDUS] stock has seen the most recent analyst activity on December 02, 2024, when Goldman initiated its Neutral rating and assigned the stock a price target of $22. Previously, Seaport Research Partners upgraded its rating to Neutral on May 30, 2024. On February 28, 2024, downgrade downgraded it’s rating to Sell but maintained its price target of $17.50 on the stock. Seaport Research Partners started tracking the stock assigning a Neutral rating. KeyBanc Capital Markets downgraded its rating to a Sector Weight. KeyBanc Capital Markets upgraded its rating to Overweight for this stock on March 24, 2022, but kept the price target unchanged to $58. In a note dated July 19, 2021, Northland Capital initiated an Outperform rating and provided a target price of $80 on this stock.
The stock price of Radius Recycling Inc [RDUS] has been fluctuating between $10.57 and $27.70 over the past year. Radius Recycling Inc [NASDAQ: RDUS] shares were valued at $12.74 at the most recent close of the market.
Analyzing the RDUS fundamentals
The Radius Recycling Inc [NASDAQ:RDUS] reported sales of 2.72B for trailing twelve months, representing a drop of -2.43%. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.05 and Total Capital is -0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.45.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.43 points at the first support level, and at 12.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.92, and for the 2nd resistance point, it is at 13.10.
Ratios To Look Out For
It’s worth pointing out that Radius Recycling Inc [NASDAQ:RDUS]’s Current Ratio is 2.02. Further, the Quick Ratio stands at 0.97, while the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 0.13, the price to book ratio is 0.62.
Transactions by insiders
Recent insider trading involved Heiskell Steven, SVP & President, Recycling P&S, that happened on Nov 07 ’24 when 9000.0 shares were sold. Officer, Heiskell Steven completed a deal on Nov 07 ’24 to buy 9000.0 shares. Meanwhile, SVP, GC, CCO, Corp. Secretary Vaughn James Matthew sold 1379.0 shares on Nov 05 ’24.
