New insider activity at Ryerson Holdings ( (RYI) ) has taken place on February 27, 2025.
Executive Vice President and Chief Financial Officer James J. Claussen recently sold 6,017 shares of Ryerson Holdings stock, amounting to a total transaction value of $152,230.
Recent Updates on RYI stock
In the last 24 hours, Ryerson Holdings experienced a significant stock price increase, rising by 16.2% to $26.68. This surge follows the company’s recent Q4 earnings report, which, despite showing a net loss of $4.3 million and a decrease in revenue, presented a positive outlook for future quarters. BMO Capital raised Ryerson’s price target due to an in-line Q4 adjusted EBITDA and a better-than-expected future outlook, with anticipated improvements in earnings throughout the year. The company’s strategic initiatives, including modernization of service centers and a revamped e-commerce platform, alongside strong operating cash flow and reduced operating expenses, contributed to the optimistic forecast. Additionally, Ryerson’s increased sales activity and market share gains, despite challenging market conditions, have bolstered investor confidence in its long-term growth strategy.
More about Ryerson Holdings
YTD Price Performance: 40.67%
Average Trading Volume: 248,397
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $797.5M