Shares of Reliance Steel & Aluminum Co. (DE) (NYSE:RS) traded today at $176.58, eclipsing its 52-week high. Approximately 98,000 shares have changed hands today, as compared to an average 30-day volume of 361,000 shares.
Reliance Steel & Aluminum Co. (DE) (NYSE:RS) is currently priced 38.0% above its average consensus analyst price target of $109.43.
Reliance Steel & Aluminum is a metal service center in the United States, providing metal processing and inventory management services for carbon and stainless steel, aluminum, and alloys. The company provides over 100,000 product types to approximately more than 125,000 customers. Reliance predominantly supplies the nonresidential construction, automotive, aerospace, energy, transportation, and heavy equipment end markets. Its product offerings comprise alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products.
Reliance Steel & Aluminum Co. (DE) share prices have moved between a 52-week high of $176.58 and a 52-week low of $80.20 and are now trading 120% above that low price at $176.51 per share.
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