The 36-month beta value for RDUS is also noteworthy at 1.58. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for RDUS is 25.74M, and at present, short sellers hold a 1.68% of that float. The average trading volume of RDUS on November 15, 2024 was 184.02K shares.
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RDUS) stock’s latest price update
Radius Recycling Inc (NASDAQ: RDUS)’s stock price has gone decline by -9.45 in comparison to its previous close of 19.16, however, the company has experienced a -12.46% decrease in its stock price over the last five trading days. globenewswire.com reported 2024-11-08 that PORTLAND, Ore., Nov. 08, 2024 (GLOBE NEWSWIRE) — Radius Recycling, Inc. (NASDAQ: RDUS) today announced the appointment of Marc Hathhorn as Executive Vice President and Chief Operating Officer, effective November 1, 2024. Hathhorn joins Radius from Peabody Energy Corporation (NYSE: BTU) and brings more than 30 years of leadership experience in the mining industry.
RDUS’s Market Performance
RDUS’s stock has fallen by -12.46% in the past week, with a monthly drop of -1.59% and a quarterly rise of 18.75%. The volatility ratio for the week is 5.36% while the volatility levels for the last 30 days are 6.13% for Radius Recycling Inc The simple moving average for the past 20 days is -2.17% for RDUS’s stock, with a -3.22% simple moving average for the past 200 days.
Analysts’ Opinion of RDUS
Seaport Research Partners, on the other hand, stated in their research note that they expect to see RDUS reach a price target of $17.50. The rating they have provided for RDUS stocks is “Sell” according to the report published on February 28th, 2024.
RDUS Trading at -1.23% from the 50-Day Moving Average
After a stumble in the market that brought RDUS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -45.27% of loss for the given period.
Volatility was left at 6.13%, however, over the last 30 days, the volatility rate increased by 5.36%, as shares sank -6.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.55% upper at present.
During the last 5 trading sessions, RDUS fell by -12.46%, which changed the moving average for the period of 200-days by -34.11% in comparison to the 20-day moving average, which settled at $17.74. In addition, Radius Recycling Inc saw -42.47% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RDUS starting from Heiskell Steven, who sale 9,000 shares at the price of $19.52 back on Nov 07 ’24. After this action, Heiskell Steven now owns 121,017 shares of Radius Recycling Inc, valued at $175,680 using the latest closing price.
Heiskell Steven, the Officer of Radius Recycling Inc, proposed sale 9,000 shares at $19.50 during a trade that took place back on Nov 07 ’24, which means that Heiskell Steven is holding shares at $175,500 based on the most recent closing price.
Stock Fundamentals for RDUS
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.1 for the gross margin
The net margin for Radius Recycling Inc stands at -0.01. The total capital return value is set at -0.01. Equity return is now at value -34.79, with -16.39 for asset returns.
Based on Radius Recycling Inc (RDUS), the company’s capital structure generated 0.31 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 0.45. The interest coverage ratio of the stock is -1.26.
Currently, EBITDA for the company is 38.31 million with net debt to EBITDA at 16.1. When we switch over and look at the enterprise to sales, we see a ratio of 0.4. The receivables turnover for the company is 11.5for trailing twelve months and the total asset turnover is 1.3. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.92.
Conclusion
In summary, Radius Recycling Inc (RDUS) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
