A.M. Castle (CAS) experienced unusually high volume on Jan. 19, as the stock lost 18.97% to a closing price of $1.41. The stock saw 175,271 shares trade hands over the course of the day on 462 trades. Given that the stock’s average daily volume over the last month has been 68,951 shares a day, this represents a pretty substantial spike over the norm.
A.M. Castle has a P/B ratio of 0.83. The stock has traded between $7.01 and $1.40 over the last 52-weeks, its 50-day SMA is now $2.14, and its 200-day SMA $3.58.
A M Castle & Co is a specialty metals & plastics distribution company. It provides products & value-added processing & supply chain services to oil and gas, aerospace, heavy industrial & construction equipment, retail, marine and automotive sectors.
Headquartered in Oak Brook, IL, A.M. Castle has 1,667 employees and is currently under the leadership of CEO Steven W. Scheinkman.
For a complete fundamental analysis analysis of A.M. Castle, check out Equities.com’s Stock Valuation Analysis report for CAS. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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