Today, the President – North West Region of Ryerson Holdings (NYSE: RYI), Michael Burbach, bought shares of RYI for $19.62K.
Following this transaction Michael Burbach’s holding in the company was increased by 3.05% to a total of $664.9K. Following Michael Burbach’s last RYI Buy transaction on August 15, 2017, the stock climbed by 1.9%.
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Based on Ryerson Holdings’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.06 billion and quarterly net profit of $17.5 million. In comparison, last year the company earned revenue of $875 million and had a net profit of $600K. RYI’s market cap is $367.4M and the company has a P/E ratio of 12.39. Currently, Ryerson Holdings has an average volume of 280K.
The insider sentiment on Ryerson Holdings has been positive according to 13 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Ryerson Holding Corp. engages in the processing and distribution of metals. It processes and distributes products in stainless steel, aluminum carbon steel and alloy steels and a limited line of nickel and red metals in various shapes and forms.
