|Bid||28.50 x 900|
|Ask||31.12 x 1000|
|Day's Range||28.05 - 28.94|
|52 Week Range||17.90 - 44.09|
|Beta (5Y Monthly)||1.68|
|PE Ratio (TTM)||6.46|
|Earnings Date||Feb 22, 2022 - Feb 28, 2022|
|Forward Dividend & Yield||0.50 (1.82%)|
|Ex-Dividend Date||Jun 01, 2022|
|1y Target Est||N/A|
Rating Action: Moody's upgrades Ryerson's CFR to Ba3; assigns Ba3 rating to Joseph T. Ryerson & Son's revolving credit facilityGlobal Credit Research - 12 Aug 2022New York, August 12, 2022 -- Moody's Investors Service ("Moody's") upgraded Ryerson Holding Corporation's ("Ryerson") corporate family rating to Ba3 from B1 and its probability of default rating to Ba3-PD from B1-PD. Moody's maintained the Speculative Grade Liquidity Rating of SGL-2 and the ratings outlook for Ryerson Holding Corporation remains stable. At the same time, Moody's assigned a Ba3 rating to Joseph T. Ryerson & Son's $1.3 billion revolving credit facility with a stable outlook.
Ryerson (RYI) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.