Today, the SVP, CFO of Schnitzer Steel Industries (NASDAQ: SCHN), Richard Peach, sold shares of SCHN for $166.2K.
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Based on Schnitzer Steel Industries’ latest earnings report for the quarter ending August 31, the company posted quarterly revenue of $670 million and quarterly net profit of $59.67 million. In comparison, last year the company earned revenue of $494 million and had a net profit of $18.24 million. SCHN’s market cap is $716.4M and the company has a P/E ratio of 4.91. Currently, Schnitzer Steel Industries has an average volume of 519.2K.
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Schnitzer Steel Industries, Inc. engages in the business of recycling of ferrous and nonferrous scrap metal, used and salvaged vehicles, and manufacturer of finished steel products. It operates through the following business segments: Auto & Metals Recycling and Steel Manufacturing.
