Radius Recycling Inc (NASDAQ:RDUS) price on Friday, May 02, rose 0.14% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $29.43.
A look at the stock’s price movement, the close in the last trading session was $29.39, moving within a range at $29.21 and $29.45. The beta value (5-Year monthly) was 1.064. Turning to its 52-week performance, $29.47 and $10.57 were the 52-week high and 52-week low respectively. Overall, RDUS moved 1.06% over the past month.
Radius Recycling Inc’s market cap currently stands at around $829.99 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Apr-03. The company has a Forward Dividend ratio of 0.75, with its dividend yield at 2.55%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 704.15M for the company’s revenue for the quarter, with a low and high estimate of 677M and 719.8M respectively. The average forecast suggests up to a 4.49% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.75B, representing a 0.34% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that RDUS is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 0 recommend RDUS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
RDUS’s current price about 1.19% and 20.80% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 77.07, while 7-day volatility ratio is 0.81% and 1.24% in the 30-day chart. Further, Radius Recycling Inc (RDUS) has a beta value of 1.04, and an average true range (ATR) of 0.42.
If we refocus on Radius Recycling Inc (NASDAQ:RDUS), historical trading data shows that trading volumes averaged 0.77 over the past 10 days and 895.36K over the past 3 months. The company’s latest data on shares outstanding shows there are 28.00 million shares.
The 7.46% of Radius Recycling Inc’s shares are in the hands of company insiders while institutional holders own 87.15% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.13 million on 2025-04-15, giving us a short ratio of 0.8. The data shows that as of 2025-04-15 short interest in Radius Recycling Inc (RDUS) stood at 480.99999999999994 of shares outstanding, with shares short rising to 0.58 million registered in 2025-03-14. Current price change has pushed the stock 93.36% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the RDUS stock continues to rise going into the next quarter.
