At the time of writing, Radius Recycling Inc [RDUS] stock is trading at $27.81, up 103.59%. An important factor to consider is whether the stock is rising or falling in short-term value. The RDUS shares have gain 102.84% over the last week, with a monthly amount glided 127.02%, and 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.
For the past year, the stock price of Radius Recycling Inc fluctuated between $10.57 and $21.42. Radius Recycling Inc [NASDAQ: RDUS] shares were valued at $27.81 at the most recent close of the market.
Analyzing the RDUS fundamentals
According to Radius Recycling Inc [NASDAQ:RDUS], the company’s sales were 2.72B for trailing twelve months, which represents an -2.43% plunge. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at -0.0%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.03 and Total Capital is -0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.4.
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 26.75 points at the first support level, and at 25.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.68, and for the 2nd resistance point, it is at 29.56.
Ratios To Look Out For
It is important to note that Radius Recycling Inc [NASDAQ:RDUS] has a current ratio of 2.02. On the other hand, the Quick Ratio is 0.97, and the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 0.29, the price to book ratio is 1.35.
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.
