Recent exceptional negative changes in investment behavior have affected Reliance Steel & Aluminum Co (NYSE: RS): the stock’s recent price decline challenged its longer term uptrend, and negative upside/downside volume developed.
Recent significant negative changes in fundamentals have affected Reliance Steel & Aluminum Co (NYSE: RS): significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reliance Steel & Aluminum has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Reliance Steel & Aluminum has a neutral Power Rating of 56 and a slightly positive Appreciation Score of 62, resulting in the High Neutral Value Trend Rating.
Recent Price Action
Reliance Steel & Aluminum Co (NYSE: RS) stock rose modestly by 0.9% on 3/31/25. The stock closed at $288.75. However, below average trading volume at 77% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 4.0% during the last week.
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