(RYI) Ryerson Holding - Ratings and Ratios

Ryerson Holding Corporation is a leading processor and distributor of industrial metals, serving a diverse range of industries globally, including metal fabrication, industrial machinery, and construction equipment. With a product portfolio that encompasses various metals such as carbon steel, stainless steel, and aluminum, the company caters to the needs of manufacturers and fabricators. Ryersons extensive service network and processing capabilities enable it to provide value-added solutions to its customers.

From a business perspective, Ryerson Holding Corporation has a long history dating back to 1842, and its headquarters is located in Chicago, Illinois. The companys website (https://www.ryerson.com) provides more information on its products, services, and industry expertise. Ryersons customer base spans multiple sectors, including HVAC manufacturing, food processing, and oil and gas, making it a significant player in the industrial metals distribution market.

Analyzing the available and , we can observe that Ryersons stock price is currently at $19.19, with a 20-day SMA of $21.12 and a 200-day SMA of $21.52, indicating a potential downtrend. The ATR is $0.76, representing a 3.95% volatility. Considering the , the companys Market Cap is approximately $704.77M USD, and its RoE is -0.79, indicating a negative return on equity.

Based on the available data, a forecast for Ryerson Holding Corporation can be made. Given the current downtrend indicated by the technical indicators and the negative RoE, it is likely that the stock price will continue to face downward pressure in the short term. However, if the company can improve its operational efficiency and increase its revenue, it may be able to recover its losses and potentially drive the stock price upwards. A potential trading strategy could involve waiting for a bullish reversal signal, such as a crossover above the 20-day SMA, before considering a long position. Conversely, if the stock price continues to decline, it may be worth considering a short position, with a stop-loss set at a level above the 20-day SMA.