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SymbolStock Name
Latest PriceChg%ChgVolumeTurnoverOpenPre CloseHighLowMarket CapFloat CapSharesShs Float5D %Chg10D %Chg20D %Chg60D % Chg120D %Chg250D %Chg% Year-to-dateDiv YieldTTMTurnover RatioP/E (TTM)P/E (Static)AmplitudeIndustry
US OptionsDetailed Quotes
RS240719P290000
- 6.71
- -2.59-27.85%
15min DelayClose Jun 28 16:00 ET
8.00High6.71Low
8.00Open9.30Pre Close7 Volume4 Open Interest290.00Strike Price5.47KTurnover20.09%IV0.81%PremiumJul 19, 2024Expiry Date4.40Intrinsic Value100Multiplier19DDays to Expiry2.31Extrinsic Value100Contract SizeAmericanOptions Type-0.6045Delta0.0300Gamma38.59Leverage Ratio-0.1108Theta-0.0752Rho-23.33Eff Leverage0.2535Vega
Intraday
- 5D
- Daily
News
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Reliance Analyst Ratings
Comments
Reliance Steel and Aluminum is one of the biggest metal distribtor in the US. Steel products accounted for more than 2/3 of its products. Steel is a cyclical sector. Irrespective of where the company is listed, the most appropriate way to assess and value it is to look at the performance over the cycle.
On such a basis I found that despite some improvements in operating efficiencies and a strong financial position, my valuation ...
On such a basis I found that despite some improvements in operating efficiencies and a strong financial position, my valuation ...
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Insider's recent sale of shares at a price below current value may suggest satisfaction with lower valuation. High insider ownership could mean the company is run for all shareholders, but past share sales make this uncertain.
Reliance's acquisition of Cooksey is set to bolster its standing in the rapidly expanding Southeastern market. Cooksey is expected to leverage Reliance's extensive knowledge and investments for further growth in value-added processing capabilities.
Reliance Steel & Aluminum's low P/E ratio signals a downturn in earnings and future growth. Shares may stagnate as profits fail to impress, potentially pushing the P/E even lower.
Significant insider transactions at Reliance Steel & Aluminum, including sales below current price, suggest insiders may see shares as fully valued. High insider ownership is generally positive, yet the absence of purchases in the past year and prior sales history is concerning.
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