1 week Ago By Defense World Staff
Orion Portfolio Solutions LLC boosted its position in Radius Recycling, Inc. (NASDAQ:RDUS – Free Report) by 24.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The fund owned 42,744 shares of the basic materials company’s stock after buying an additional 8,406 shares during the quarter. Orion Portfolio Solutions LLC owned approximately 0.15% of Radius Recycling worth $651,000 at the end of the most recent quarter.
A number of other institutional investors have also made changes to their positions in the company. Quarry LP bought a new stake in shares of Radius Recycling during the 3rd quarter valued at about $32,000. Point72 DIFC Ltd acquired a new stake in shares of Radius Recycling during the 3rd quarter worth approximately $46,000.
SG Americas Securities LLC bought a new stake in shares of Radius Recycling in the 4th quarter worth approximately $140,000. Centiva Capital LP acquired a new position in Radius Recycling during the 3rd quarter valued at approximately $193,000. Finally, Y Intercept Hong Kong Ltd bought a new position in Radius Recycling during the 4th quarter worth $160,000.
78.11% of the stock is currently owned by institutional investors. Radius Recycling Stock Down 0.
6 %RDUS opened at $28.94 on Monday. Radius Recycling, Inc.
has a one year low of $10.57 and a one year high of $29.20.
The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.97 and a current ratio of 2.
02. The company has a market capitalization of $814.81 million, a PE ratio of -2.
89 and a beta of 1.07. The stock’s fifty day moving average is $18.
07 and its 200-day moving average is $17.35. Radius Recycling (NASDAQ:RDUS – Get Free Report) last released its quarterly earnings results on Friday, April 4th.
The basic materials company reported ($0.99) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.08) by $0.
09. Radius Recycling had a negative return on equity of 14.16% and a negative net margin of 10.
49%. The business had revenue of $642.51 million during the quarter, compared to analyst estimates of $635.
94 million. On average, equities analysts predict that Radius Recycling, Inc. will post -3.
84 EPS for the current fiscal year. Wall Street Analysts Forecast GrowthSeparately, StockNews.com started coverage on shares of Radius Recycling in a research report on Wednesday, April 2nd.
They issued a “sell” rating for the company.Read Our Latest Research Report on RDUSAbout Radius Recycling (Free Report)Radius Recycling, Inc recycles ferrous and nonferrous metal, and manufactures finished steel products worldwide. The company acquires, processes, and recycles salvaged vehicles, rail cars, home appliances, industrial machinery, manufacturing scrap, and construction and demolition scrap.
It offers recycled ferrous metal, a feedstock used in the production of finished steel products; and nonferrous products, including mixed metal joint products recovered from the shredding process, such as zorba, zurik, aluminum, copper, stainless steel, nickel, brass, titanium, lead, and high temperature alloys.Featured ArticlesFive stocks we like better than Radius RecyclingAsset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?Newsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential?High Dividend REITs: Are They an Ideal Way to Diversify?Disney 2025 Shareholders: Major Updates for InvestorsHealth Care Stocks Explained: Why You Might Want to InvestAdvance Auto Parts Stock: A Classic Rebound Play in the MakingWant to see what other hedge funds are holding RDUS? Visit HoldingsChannel.
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