Radius Recycling Inc (NASDAQ:RDUS) does about 1.01M shares in volume on a normal day but saw 1784048 shares change hands in the recent trading day. The company now has a market cap of 835.06M USD. Its current market price is $29.61, marking an increase of 0.27% compared to the previous close of $29.53. The 52 week high reached by this stock is $29.69 whilst the lowest price level in 52 weeks is $10.57.
The consensus objective for the share price is $18.00, suggesting that the stock has a potential downside of -64.5% over the period.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 0 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Hold and Wall Street’s advice is for investors to Hold the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 02, 2024 when Goldman initiated the stock to “Neutral” and issued a price target of $22. Seaport Research Partners downgraded its price target at $17.50.
The current price level is 0.55%, 1.37%, and 52.64% away from its SMA20, SMA50, and SMA200 respectively, with the RDUS price moving above the 50-day SMA on current market day. Radius Recycling Inc (RDUS) stock is up 0.61% over the week and 0.95% over the past month. Its price is 94.55% year-to-date and 65.79% over the past year.
To reach the target analysts have set, the stock logically needs to shrink -64.5 percent from here.
Outstanding shares total 28.00M with insiders holding 6.46% of the shares and institutional holders owning 103.66% of the company’s common stock. The company has a return on investment of -26.40% and return on equity of -41.03%. The forward price to earnings ratio is 183.61. The beta has a value of 1.01. Price to book ratio is 1.54 and price to sales ratio is 0.30.
