Ryerson (NYSE:RYI) Stock Price Passes Above Fifty Day Moving Average – Here’s What Happened

Ryerson Holding Corporation (NYSE:RYI) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $22.88 and traded as high as $26.60. Ryerson shares last traded at $26.2750, with a volume of 225,576 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Ryerson in a research report on Monday. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $25.00.

Ryerson Trading Up 0.4%

The firm has a fifty day moving average of $22.88 and a 200 day moving average of $22.52. The firm has a market capitalization of $846.32 million, a PE ratio of -37.01 and a beta of 1.65. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.95 and a current ratio of 1.98.

Ryerson (NYSE:RYI) last issued its quarterly earnings data on Tuesday, October 28th. The basic materials company reported ($0.46) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.49). The firm had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.16 billion. Ryerson had a negative net margin of 0.51% and a negative return on equity of 2.73%. Ryerson has set its Q4 2025 guidance at -0.280–0.220 EPS. Equities research analysts expect that Ryerson Holding Corporation will post 1.2 EPS for the current year.

Ryerson Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th were given a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Thursday, December 4th. Ryerson’s dividend payout ratio is presently -105.63%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Franklin Resources Inc. grew its stake in Ryerson by 0.5% during the 3rd quarter. Franklin Resources Inc. now owns 2,875,866 shares of the basic materials company’s stock valued at $65,742,000 after purchasing an additional 15,041 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Ryerson by 1.4% in the 3rd quarter. Vanguard Group Inc. now owns 1,713,084 shares of the basic materials company’s stock valued at $39,161,000 after purchasing an additional 23,430 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Ryerson by 98.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,396,185 shares of the basic materials company’s stock valued at $32,057,000 after buying an additional 691,737 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Ryerson during the second quarter worth approximately $28,377,000. Finally, American Century Companies Inc. increased its stake in shares of Ryerson by 8.5% in the third quarter. American Century Companies Inc. now owns 1,194,233 shares of the basic materials company’s stock worth $27,300,000 after buying an additional 93,800 shares during the last quarter. Institutional investors and hedge funds own 94.81% of the company’s stock.

About Ryerson

Ryerson, Inc is a North American metals distributor and processor serving a broad range of industrial and manufacturing end markets. Headquartered in Chicago, Illinois, the company supplies carbon steels, stainless alloys, aluminum, brass and copper products to customers across the United States, Canada and Mexico. Through its extensive branch network, Ryerson provides just-in-time delivery and comprehensive inventory management solutions to support complex production schedules and tight lead-time requirements.

In addition to raw material distribution, Ryerson offers a suite of value-added processing services, including laser and plasma cutting, plate burning, sawing, shearing, forming, drilling and welding.