KeyCorp initiated coverage on shares of Ryerson (NYSE:RYZ – Free Report) in a research note released on Wednesday morning, Marketbeat Ratings reports. The firm issued a sector weight rating on the stock.
Ryerson Trading Up 0.6%
NYSE RYZ opened at $21.36 on Wednesday. The company has a current ratio of 1.83, a quick ratio of 0.86 and a debt-to-equity ratio of 0.60. Ryerson has a one year low of $19.02 and a one year high of $30.90.
About Ryerson
Ryerson (NYSE: RYZ) is a U.S.-based metals distributor and processor that supplies a broad range of metal products and value-added services to industrial customers. Its product mix typically includes carbon steel, stainless steel, aluminum and specialty alloys in forms such as sheets, plate, bar, tubing and structural shapes. The company focuses on meeting the material needs of manufacturers, fabricators and other industrial end markets.
Beyond distribution, Ryerson offers processing and finishing services designed to prepare metal for downstream manufacturing.
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