Russel Metals (RUSMF) Projected to Post Earnings on Wednesday

Russel Metals (OTCMKTS:RUSMF) will likely be posting its results before the market opens on Wednesday, November 5th. Analysts expect Russel Metals to post earnings of $0.5180 per share and revenue of $1.1841 billion for the quarter.

Russel Metals Price Performance

Shares of RUSMF opened at $30.42 on Wednesday. The company’s 50-day moving average is $29.71 and its 200-day moving average is $30.17. Russel Metals has a fifty-two week low of $25.24 and a fifty-two week high of $33.28.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Wall Street Zen raised shares of Russel Metals from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 9th. TD Securities reissued a “buy” rating on shares of Russel Metals in a research report on Monday, August 11th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy”.

Russel Metals Company Profile

Russel Metals Inc operates as a metal distribution and processing company in Canada and the United States. It operates in three segments: Metals Service Centers, Energy Field Stores, and Steel Distribution. The Metal Service Centers segment operates a network of metals service centers, which provide metal products in range of sizes, shapes, and specifications, including carbon hot rolled and cold finished steel, pipe and tubular, stainless steel, aluminum, and other non-ferrous specialty metal products.