Schnitzer Steel Industries Inc (NASDAQ: RDUS) stock suffered a major decline of -22.7% on 1/8/25. The shares closed at $11.41. Moreover, exceptionally high trading volume at 504% of normal accompanied the decline. The stock has declined -23.9% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Schnitzer Steel Industries has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Schnitzer Steel Industries has a slightly positive Appreciation Score of 70 and a neutral Power Rating of 44, with the Neutral Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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