Olympic Steel Inc. (ZEUS) experienced unusually high volume on Jan. 18, as the stock gained 0.65% to a closing price of $9.27. The stock saw 123,149 shares trade hands over the course of the day on 897 trades. Given that the stock’s average daily volume over the last month has been 80,098 shares a day, this represents a pretty substantial spike over the norm.
Olympic Steel Inc. has a P/B ratio of 0.39. The stock has traded between $20.93 and $6.40 over the last 52-weeks, its 50-day SMA is now $10.68, and its 200-day SMA $13.07.
Olympic Steel Inc is a metal services center in U.S. The Company is engaged in the processing and distribution of carbon, coated, aluminum and stainless steel, flat-rolled coil, sheet and plate products and tubular and pipe products.
Headquartered in Highland Hills, OH, Olympic Steel Inc. has 1,714 employees and is currently under the leadership of CEO Michael D. Siegal.
For a complete fundamental analysis analysis of Olympic Steel Inc., check out Equities.com’s Stock Valuation Analysis report for ZEUS. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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