Schnitzer Steel Industries Inc (NASDAQ: RDUS) has reported a loss for its first fiscal quarter (ending November 30) of $-1.30 versus a loss $-0.64 for the same period a year ago — an increase of 103%. For the latest four quarters through November 30, E.P.S. were $-10.02 versus $-0.92 for the same period a year ago — an increase of 989%.
Recent Price Action
Schnitzer Steel Industries Inc (NASDAQ: RDUS) stock rose slightly by 0.1% on 1/7/25. The stock closed at $14.77. Moreover, trading volume in this advance was unusually high at 152% of normal. The stock has performed in line with the market over the last nine months and has declined -3.0% during the last week.
Current PriceTarget Research Rating
Schnitzer Steel Industries has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Schnitzer Steel Industries has a slightly positive Appreciation Score of 70 and a neutral Power Rating of 44, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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