Russel Metals Inc T.RUS

Alternate Symbol(s): RUSMF

Industrials Industrial Distribution

Russel Metals Inc. is a metals distribution company in North America with a growing focus on value-added processing. It carries on business in three segments: metals service centers, energy products and steel distributors. The Company’s network of metals service centers carries a line of metal products in a range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel and aluminum, and other non-ferrous specialty metals. Its energy field stores carry a specialized product line focused on the needs of energy industry customers. Its steel distributors operations act as master distributors selling steel in large volumes to other steel service centers and large equipment manufacturers. It provides processing and distribution services to a base of approximately 35,000 end users through a network of 45 Canadian locations and 23 United States locations.

TSX:RUS - Post by User

Russel Metals Inc

Bullboard Posts

Post by sqquishyon Jun 28, 2012 11:14am

417 Views

Post# 20063916

Russel Metals Makes Bullish Cross

https://www.forbes.com/sites/energystockchannel/2012/06/28/russel-metals-makes-bullish-cross-above-critical-moving-average/

Russel Metals Makes Bullish Cross Above Critical Moving Average

In trading on Thursday, shares of Russel Metals Inc. (Toronto: RUS) crossed above their 200 day moving average of $24.50, changing hands as high as $24.51 per share. Russel Metals Inc. shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of RUS shares, versus its 200 day moving average:

Russel Metals Inc. 200 Day Moving Average Chart

Looking at the chart above, RUS’s low point in its 52 week range is $18.90 per share, with $27.95 as the 52 week high point — that compares with a last trade of $24.48.

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