Ryerson Insider Tom Gores Buys 50,000 Shares (RYI)
Ryerson (NYSE:RYI) Insider Tom Gores purchased 50,000 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, August 13th. The stock was purchased at an average price of $11.00 per share, for a total transaction of $550,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Ryerson (NYSE:RYI) remained flat at $10.35 during during mid-day trading trading on Friday. The stock had a trading volume of 103,190 shares. Ryerson has a 52 week low of $10.01 and a 52 week high of $10.64. The stock has a 50-day moving average of $10. and a 200-day moving average of $10..
Ryerson (NYSE:RYI) last posted its quarterly earnings results on Thursday, August 14th. The company reported $0.13 earnings per share (EPS) for the quarter. The company had revenue of $931.50 million for the quarter, compared to the consensus estimate of $874.40 million.
Ryerson Holding Corporation (NYSE:RYI) is a processors and distributors of metals in North America with global operations in North America, China and Brazil.
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