Russel Metals (OTCMKTS:RUSMF) Stock Price Up 0.1% – Still a Buy?

Shares of Russel Metals Inc. (OTCMKTS:RUSMFGet Free Report) rose 0.1% on Thursday . The stock traded as high as $32.59 and last traded at $32.59. Approximately 2,050 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 10,712 shares. The stock had previously closed at $32.55.

Analysts Set New Price Targets

Separately, BMO Capital Markets reissued a “market perform” rating on shares of Russel Metals in a research note on Wednesday, May 7th.

Get Our Latest Stock Report on Russel Metals

Russel Metals Stock Up 0.1%

The firm’s 50 day moving average is $30.95 and its two-hundred day moving average is $29.12.

About Russel Metals

(Get Free Report)

Russel Metals Inc operates as a metal distribution and processing company in Canada and the United States. It operates in three segments: Metals Service Centers, Energy Field Stores, and Steel Distribution. The Metal Service Centers segment operates a network of metals service centers, which provide metal products in range of sizes, shapes, and specifications, including carbon hot rolled and cold finished steel, pipe and tubular, stainless steel, aluminum, and other non-ferrous specialty metal products.

Featured Stories

Receive News & Ratings for Russel Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Russel Metals and related companies with MarketBeat.com's FREE daily email newsletter.