Today, the President – South East Region of Ryerson Holdings (NYSE: RYI), Kevin D. Richardson, bought shares of RYI for $21.1K.
This recent transaction increases Kevin D. Richardson’s holding in the company by 2.55% to a total of $768.3K. Following Kevin D. Richardson’s last RYI Buy transaction on August 18, 2017, the stock climbed by 1.6%.
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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 $356.2M and the company has a P/E ratio of 12.39. Currently, Ryerson Holdings has an average volume of 134.3K.
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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.
