Reliance Steel (Germany) Today

RS6 Stock  EUR 280.90  0.80  0.29%   

Performance

5 of 100

 
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Odds Of Distress

Less than 9

 
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Reliance Steel is trading at 280.90 as of the 31st of January 2025. This is a 0.29% increase since the beginning of the trading day. The stock's lowest day price was 280.9. Reliance Steel has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. The performance scores are derived for the period starting the 1st of January 2025 and ending today, the 31st of January 2025. Click here to learn more.
Reliance Steel Aluminum Co. operates as a metals service center company. Reliance Steel Aluminum Co. was founded in 19 and is headquartered in Los Angeles, California. Reliance Steel operates under Steel classification in Germany and is traded on Frankfurt Stock Exchange. The company has 58.79 M outstanding shares. More on Reliance Steel Aluminum

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Reliance Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Reliance Steel's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Reliance Steel or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationSteel, Basic Materials (View all Sectors)
Reliance Steel Aluminum (RS6) is traded on Frankfurt Exchange in Germany and employs 10 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 13.85 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Reliance Steel's market, we take the total number of its shares issued and multiply it by Reliance Steel's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Reliance Steel Aluminum classifies itself under Basic Materials sector and is part of Steel industry. The entity has 58.79 M outstanding shares. Reliance Steel Aluminum has accumulated about 133.6 M in cash with 2.12 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.99.
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Ownership Allocation
Reliance Steel owns a total of 58.79 Million outstanding shares. The majority of Reliance Steel Aluminum outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Reliance Steel Aluminum to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Reliance Steel. Please pay attention to any change in the institutional holdings of Reliance Steel Aluminum as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Reliance Steel Aluminum Risk Profiles

Although Reliance Steel's alpha and beta are two of the key measurements used to evaluate Reliance Steel's performance over the market, the standard measures of volatility play an important role as well.

Reliance Stock Against Markets

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Reliance Steel Corporate Management

Elected by the shareholders, the Reliance Steel's board of directors comprises two types of representatives: Reliance Steel inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Reliance. The board's role is to monitor Reliance Steel's management team and ensure that shareholders' interests are well served. Reliance Steel's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Reliance Steel's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Information and Resources on Investing in Reliance Stock

When determining whether Reliance Steel Aluminum is a strong investment it is important to analyze Reliance Steel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Reliance Steel's future performance. For an informed investment choice regarding Reliance Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Steel Aluminum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Please note, there is a significant difference between Reliance Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reliance Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reliance Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.