Today, the CEO of Olympic Steel (ZEUS), Richard Marabito, bought shares of ZEUS for $100.8K.
This recent transaction increases Richard Marabito’s holding in the company by 17.13% to a total of $608K.
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Based on Olympic Steel’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $430 million and GAAP net loss of $1.32 million. In comparison, last year the company earned revenue of $308 million and had a net profit of $4.19 million. ZEUS’s market cap is $193.2M and the company has a P/E ratio of 5.65. Currently, Olympic Steel has an average volume of 77.4K.
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Olympic Steel, Inc. engages in the processing, sale, and distribution of metal products. It operates through the following segments: Carbon Flat Products, Specialty Metals Flat Products and Tubular and Pipe Products. The Carbon Flat Products segment includes processed carbon and coated flat-rolled sheet; coil and plate products and fabricated parts.
