Russel Metals (OTCMKTS:RUSMF) Trading Up 2% – Here’s What Happened

by · The Markets Daily

Shares of Russel Metals Inc. (OTCMKTS:RUSMF – Get Free Report) traded up 2% on Thursday . The stock traded as high as $30.29 and last traded at $30.29. 9,396 shares changed hands during trading, an increase of 5% from the average session volume of 8,916 shares. The stock had previously closed at $29.69.

Russel Metals Price Performance

The company’s 50-day moving average is $29.27 and its 200-day moving average is $30.32.

About Russel Metals

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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.

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