Worthington Steel Inc. (WS) Stock: A Closer Look at the Analyst Ratings

The public float for WS is 31.72M and currently, short sellers hold a 1.47% ratio of that float. The average trading volume of WS on February 12, 2024 was 1.10 shares.

WS) stock’s latest price update

Worthington Steel Inc. (NYSE: WS) has seen a rise in its stock price by 30.03 in relation to its previous close of 31.00. However, the company has experienced a 0.13% gain in its stock price over the last five trading sessions.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

WS’s Market Performance

The volatility ratio for the week is 7.93%, and the volatility levels for the past 30 days are at 5.69% for WS.

Analysts’ Opinion of WS

Many brokerage firms have already submitted their reports for WS stocks, with KeyBanc Capital Markets repeating the rating for WS by listing it as a “Overweight.” The predicted price for WS in the upcoming period, according to KeyBanc Capital Markets is $29 based on the research report published on December 04, 2023 of the previous year 2023.

WS Trading from the 50-Day Moving Average

After a stumble in the market that brought WS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.42% of loss for the given period.

Volatility was left at 5.69%, however, over the last 30 days, the volatility rate increased by 7.93%, as shares surge +8.37% for the moving average over the last 20 days.

During the last 5 trading sessions, WS rose by +0.13%, in comparison to the 20-day moving average, which settled at $29.73. In addition, Worthington Steel Inc. saw 6.87% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at WS starting from Chiappone Charles M, who purchase 1,850 shares at the price of $28.08 back on Jan 12. After this action, Chiappone Charles M now owns 7,033 shares of Worthington Steel Inc., valued at $51,954 using the latest closing price.

Conclusion

In conclusion, Worthington Steel Inc. (WS) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”.

Related Posts