Schnitzer Steel Industries Inc (NASDAQ: RDUS). Extremely significant positive changes in investment behavior have recently occurred: its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and the stock rose on very heavy volume.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Schnitzer Steel Industries has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Schnitzer Steel Industries has a slightly negative Appreciation Score of 40 and a slightly negative Power Rating of 33, and the Negative Value Trend Rating results.
Recent Price Action
Schnitzer Steel Industries Inc (NASDAQ: RDUS) stock closed at $28.82 on 3/17/25 after a large increase of 3.6%. Moreover, exceptionally high trading volume at 565% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 110.2% during the last week.
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