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Ticker Summary (STLD)
| 14.32-0.06 (-0.42%) | |
|---|---|
| Open | 14.15 |
| High | 14.43 |
| Low | 14.07 |
| Volume | 2,841,062 |
| Market Cap | 3.102B |
| 52 Week High | 20.47 |
| 52 Week Low | 12.89 |
| P/E | 15.40 |
| F P/E | 8.22 |
| EPS | 0.93 |
| Dividend | 0.30 |
| Yield | 2.09% |
| 1 Year Target | 19.70 |
STLD 14.32 -0.42%
Analysts reported that Steel Dynamic's acquistion of OmniSource could potentially help the company from the rising costs. OmniSource is a scrap steel and recycled metals company. Steel Dynamics, a steel proccessing company, has been facing higher costs for scrap steel as supply has been shrinking. UBS Investment Firm stated that the acquistion was a good move for Steel Dynamics and should shelter them instable scrap metal costs.
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