Reliance Steel & Aluminum Co. (RS) is Trading Lower on Unusual Volume for January 18

Equities Staff |

Reliance Steel & Aluminum Co. (RS) experienced unusually high volume on Jan. 18, as the stock lost 3.41% to a closing price of $52.48. The stock saw 789,333 shares trade hands over the course of the day on 7,605 trades. Given that the stock’s average daily volume over the last month has been 505,832 shares a day, this represents a pretty substantial spike over the norm.

Reliance Steel & Aluminum Co. has a P/B ratio of 0.96. It also has a P/E ratio of 12. The stock has traded between $66.86 and $50.63 over the last 52-weeks, its 50-day SMA is now $57.37, and its 200-day SMA $59.13.

Reliance Steel and Aluminum operates as a metals service center company in North America. It provides metals processing services & distributes metal products, including alloy, aluminum, brass, copper, carbon steel, titanium & specialty steel products.

Headquartered in Los Angeles, CA, Reliance Steel & Aluminum Co. has 14,900 employees and is currently under the leadership of CEO Gregg J. Mollins.

For a complete fundamental analysis analysis of Reliance Steel & Aluminum Co., check out’s Stock Valuation Analysis report for RS. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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