Steel Dynamics Inc (NASDAQ:STLD) currently has a daily average trading volume of 1.48M but it saw 1361130 shares traded in last market. With a market cap of 19.05B USD, the company’s current market price of $125.14 came rising about 1.31 while comparing to the previous closing price of $123.52. In past 52 weeks, the stock remained buoying in the range of price level as high as $155.56 and as low as $104.60. In the recent trading on the day, stock has struck highest price mark of $123.96 while lowest mark touched by it was $126.9599.
Taking a look at 20-day trading activity of Steel Dynamics Inc (STLD) gives us an average price of $117.49, while its current price level is -19.56% below from 52-week high level whereas it is 19.64% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $131.35 while that of 200 days or SMA-200 reads an average of $128.80. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.59% during that period while stretching the period over a month that decreases to 2.93%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 54.82 which implies that the stock is in neutral territory.
UBS downgraded its recommendation for the stock as a “Neutral” from “Buy” on December 12, 2024 while assigning a price target range of $145-$149. Goldman issued its recommendations for the stock as it initiated the price target for the stock is $155.
Over the week, STLD’s stock price is moving 4.45% up while it is -1.39% when we observe its performance for the past one month. Year-to-date it is 9.70% up and over the past year, the stock is showing an upside performance of 10.53%.
Currently, Steel Dynamics Inc’s total number of outstanding shares is 153.04M. Company’s return on investment (ROI) stands at 14.76% and return on equity (ROE) at 19.52%. It has a price to earnings ratio (P/E ratio) of 11.33 while having a 13.85 of forward P/E ratio. Stock’s beta reads 1.35. Stock has a price to book (P/B) ratio of 2.11 while price to sale or P/S ratio amounts to 1.06. Its return on asset (ROA) is 11.47% on average.
