Ryerson Holding Corporation (RYI) Plunges 9.71% on January 08

Equities Staff  |

Ryerson Holding Corporation (RYI) had a rough trading day for Friday January 08 as shares tumbled 9.71%, or a loss of $-1.69 per share, to close at $15.72. After opening the day at $17.38, shares of Ryerson Holding Corporation traded as high as $17.56 and as low as $15.50. Volume was 325,670 shares over 3,385 trades, against an average daily volume of n/a shares and a total float of 38.12 million.

As a result of the decline, Ryerson Holding Corporation now has a market cap of $599.21 million. In the last year, shares of Ryerson Holding Corporation have traded between a range of $18.52 and $3.76, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of Ryerson Holding Corporation, check out Equities.com’s Stock Valuation Analysis report for RYI.

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Ryerson Holding Corp is in the processing and distribution of metals. It is involved in coil and sheet processing, plate processing, bar, tube and structural processing, supply chain services, and fabrication services. The company's products are sheet, plate, bar, expanded metal, pipe, structural, tread plate, and a tube which are made of stainless steel, aluminum, carbon steel, alloy steels, nickel, and red metal. It has operations in North America, China and Brazil, and Mexico. Geographically, it generates maximum revenue from the United States.

Ryerson Holding Corporation is based out of Chicago, IL and has some 4,500 employees. Its CEO is Edward J. Lehner.

Ryerson Holding Corporation is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Ryerson Holding Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: RYI’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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

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