- A moving average of Short volume ratio is at a recent 2 week high. A high short volume ratio indicate selling presures.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today the appointment of James J. Claussen, 47, to the position of executive vice president & chief financial officer (CFO), effective January 11. Mr. Claussen currently serves as the president of Central Steel & Wire Co. (CS&W), which was acquired by Ryerson in 2018. Mr. Claussen will continue to serve as the president of CS&W until his successor is named.
The Zacks Analyst Blog Highlights: Ryerson Holding, Schnitzer Steel, Scholastic, P.A.M. Transportation Services and Meridian Bioscience
Ryerson (RYI) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Demand for steel looks poised to improve on an expected rebound in vehicle production and expansion in manufacturing, making it wise to invest in names like ArcelorMittal (MT) and Olympic Steel (ZEUS)
As of late, it has definitely been a great time to be an investor in Ryerson (RYI).
New Strong Buy Stocks for January 4th
We at Insider Monkey have gone over 817 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds’ and investors’ portfolio positions as of September 30th. In this article, we look at what those funds think of Ryerson Holding Corporation (NYSE:RYI) based on that […]
Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today that it has extended the maturity of its $1.0 billion revolving credit facility. The Company expects to continue to use the facility for general corporate purposes including working capital needs, capital expenditures, funding of possible acquisitions, and satisfaction of other obligations of the Company. The revolving credit facility is secured primarily by the inventor...