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Ryerson Holding Shares Up 21.2% Since SmarTrend's Buy Recommendation (RYI)

By Shiri Gupta

SmarTrend identified an Uptrend for Ryerson Holding (NYSE:RYI) on April 13th, 2018 at $9.30. In approximately 4 months, Ryerson Holding has returned 21.24% as of today's recent price of $11.28.

In the past 52 weeks, Ryerson Holding share prices have been bracketed by a low of $7.65 and a high of $12.95 and are now at $11.28, 47% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has remained constant.

Ryerson Holding Corporation operates as a holding company. The Company, through its subsidiaries, purchases, processes, and distributes various forms of stainless steel, aluminum, carbon, alloy steel, nickel, and red metals. Ryerson serves customers worldwide.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Ryerson Holding shares.

Log in and add Ryerson Holding (RYI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights ryerson holding

Ticker(s): RYI