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Ryerson Holding is Among the Companies in the Steel Industry With the Lowest Price to Forward Sales (RYI, AP, ZEUS, AKS, X)

By Shiri Gupta

Below are the three companies in the Steel industry with the lowest price to forward sales ratios. The ratio shows how much Wall Street values every dollar of the company's future sales and is useful in comparing comparable companies. Generally the lower the ratio, the more attractive the investment.

Ryerson Holding ranks lowest with a a price to forward sales ratio of 0.04. Ampco-Pittsburgh is next with a a price to forward sales ratio of 0.06. Olympic Steel ranks third lowest with a a price to forward sales ratio of 0.07.

AK Steel Holding Corp. follows with a a price to forward sales ratio of 0.08, and Us Steel Corp rounds out the bottom five with a a price to forward sales ratio of 0.08.

SmarTrend recommended that its subscribers protect gains by selling shares of Us Steel Corp on December 20th, 2019 by issuing a Downtrend alert when the shares were trading at $12.16. Since that call, shares of Us Steel Corp have fallen 51.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest price to forward sales ryerson holding ampco-pittsburgh olympic steel :aks ak steel holding corp. us steel corp

Ticker(s): RYI AP ZEUS X