Olympic Steel, Inc (ZEUS) July 29, 2021 Stock Price, Analysis & Forecast
Olympic Steel, Inc (NASDAQ: ZEUS) opened the trading session on July 29, 2021, at $30.12, exposing a change of 4.8005% against the previous close at $29.58. Within the trading session, the stock price climbed to $31.2 and declined to $30. Finally, the stock arranged at $31. Nevertheless, given a long-term perspective, Olympic Steel, Inc reported a 52 Week Range within the limits of $9.98-$40.
Olympic Steel, Inc's shares outstanding currently cost $11.08M, simultaneously with a float of $9.32M. ZEUS operates in the TRADE & SERVICES sector of the WHOLESALE-METALS SERVICE CENTERS & OFFICES industry and has a market capitalization of $341.29M (as of July 29, 2021). Also worth mentioning that Olympic Steel, Inc's 50-day Moving Average arranged at $30.17, while such index as 200-day Moving Average is at the moment $26.42.
To measure the company's efficiency, let's take note of Olympic Steel, Inc's conglomerate performance. Currently, ZEUS has full-time employees. Olympic Steel, Inc has generated $inf per worker Within the last fiscal year. In the interim, ZEUS's income per employee was $inf. And now, let's take note of the company's income report. Olympic Steel, Inc's Net Income for the last fiscal year was $-5,595,000, while such index as Income Before Taxes was at the level of $-6,911,000. ZEUS's Operating Income was at the mark of $573,000.
Olympic Steel, Inc (ZEUS) Earnings & Revenue
Talking about the Profitability, ZEUS reached a Profit Margin of 1.18% and an Operating Margin (TTM) of 2.17%. However, when we touch the questions of management effectiveness, Olympic Steel, Inc generated a Return on Equity (TTM) of 5.02% and a Return on Assets (TTM) of 2.57%. A bit more income statements might bring clarity to our overview. According to the results of the latest quarter ended March 31, 2021, Olympic Steel, Inc generated Revenue (TTM) of $1.34B, reporting a Quarterly Revenue Growth of 30.7%. As for the Revenue Per Share (TTM), this indicator was at the mark of $117.2. The company's Gross Profit (TTM) was $255.05M, while according to the EBITDA report, it was estimated at $38.22M.
Olympic Steel, Inc (NASDAQ: ZEUS) Owners & Shares
Finally, let's take a look at the share statistics. As mentioned above, ZEUS's shares outstanding now amounts to $11.08M, where Shares Short was $437,900 versus the prior month amounted to $341,230. (Short % of Float was 4.7%). And now, let's overview which kind of investors works with Olympic Steel, Inc's stocks. ZEUS's current ownership accounts for 71.43% institutional investors, while 15.98% of shares belong to the insiders. Also worth mentioning some indicators affecting dividends & splits. Thus, ZEUS's Forward Annual Dividend Rate is currently at the mark of 0.08, whereas the Dividend Yield is 0.27%, and a Dividend Payout Ratio is 4.88% (Dividend Date: June 15, 2021). The company's Dividend Per Share index thereby is $0.08.
ZEUS Trading Performance
It's time to observe the current performance indicators for Olympic Steel, Inc. ZEUS's price/earnings to growth ratio during the last reported quarter was 0.46%. The company's PE Ratio stands at 22.37%, while ZEUS's Beta score is 1.633. Also worth noting that Olympic Steel, Inc's Diluted EPS (Earnings per Share) trailing twelve months is at the mark of 1.377. Other valuable indicators are Price To Sales Ratio (TTM), which is currently recorded at 0.254, as well as Price To Book Ratio, which amounts to 1.02.
Olympic Steel, Inc Analysis & Estimates
Within the previous 9-day period, Olympic Steel, Inc's Average True Range (ATR) was 1.6543, while the stock's Stochastic SlowD moving average was 69.4658%, and the SlowK moving average volumed at 69.4658%.