Shares of RS fell by 0.7% or $-0.37/share to $52.19. Reliance Steel & Aluminum Company is trading at a price to book ratio of 1.34. The PEG is 0.46 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.58. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 652095 shares of RS exchange hands on a given day and today's volume is recorded at 431931. These factors combined make this company a prime takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
Reliance Steel & Aluminum Co. is a metals service center company.
