Friedman Industries, Incorporated (NYSEAMERICAN:FRD – Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $19.33 and traded as high as $19.93. Friedman Industries shares last traded at $19.69, with a volume of 13,088 shares.
Friedman Industries Trading Up 0.9%
The business has a 50-day moving average of $20.42 and a 200 day moving average of $19.35. The firm has a market capitalization of $137.24 million, a PE ratio of 24.31 and a beta of 1.40.
Friedman Industries (NYSEAMERICAN:FRD – Get Free Report) last posted its quarterly earnings results on Monday, November 10th. The company reported $0.32 earnings per share for the quarter. Friedman Industries had a net margin of 1.27% and a return on equity of 4.44%. The company had revenue of $152.38 million during the quarter.
Friedman Industries Announces Dividend
Friedman Industries Company Profile
Friedman Industries, Inc operates through its subsidiary Shenango Furnace Company, LLC, as a manufacturer and distributor of industrial steel products in the United States. The company’s core business centers on the production of flat-rolled steel, including reload coils, case load coils and hook plate, which are custom-engineered to meet the specifications of heavy-duty and critical-service applications. Its facilities are designed to handle a wide variety of steel grades and specialty finishes, enabling it to serve demanding end-use markets.
Friedman Industries supplies steel products to customers in the oil and gas, agricultural equipment, heavy machinery and automotive sectors.
See Also
- Five stocks we like better than Friedman Industries
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- A U.S. “birthright” claim worth trillions – activated quietly
- Ticker Revealed: Pre-IPO Access to “Next Elon Musk” Company
- First Time Since 2007: All Warnings Active
- How the Rich Retire
Receive News & Ratings for Friedman Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Friedman Industries and related companies with MarketBeat.com's FREE daily email newsletter.
