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Ryerson Holding Shares Up 29.0% Since SmarTrend's Buy Recommendation (RYI)

By Amy Schwartz

SmarTrend identified an Uptrend for Ryerson Holding (NYSE:RYI) on April 13th, 2018 at $9.30. In approximately 2 months, Ryerson Holding has returned 29.03% as of today's recent price of $12.00.

Ryerson Holding share prices have moved between a 52-week high of $12.95 and a 52-week low of $7.65 and are now trading 57% above that low price at $12.00 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 2.2%.

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