Acquisition by Kesner Idalene Fay of 1675 shares of Olympic Steel subject to Rule 16b-3
| ZEUS Stock | USD 33.52 0.13 0.39% |
Slightly above 69% of Olympic Steel's investor base is looking to short. The current sentiment regarding investing in Olympic Steel stock implies that many traders are alarmed. Olympic Steel's investing sentiment can be driven by a variety of factors including economic data, Olympic Steel's earnings reports, geopolitical events, and overall market trends.
Olympic |
Filed transaction by Olympic Steel Director. Grant, award or other acquisition pursuant to Rule 16b-3(d)
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Olympic Steel Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Olympic Steel can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Olympic Steel Fundamental Analysis
We analyze Olympic Steel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Olympic Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Olympic Steel based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Revenue
Revenue Comparative Analysis
Olympic Steel is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Olympic Steel Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Olympic Steel stock to make a market-neutral strategy. Peer analysis of Olympic Steel could also be used in its relative valuation, which is a method of valuing Olympic Steel by comparing valuation metrics with similar companies.
Peers
Olympic Steel Related Equities
| MSB | Mesabi Trust | 3.84 | ||||
| CMC | Commercial Metals | 1.45 | ||||
| STLD | Steel Dynamics | 1.13 | ||||
| NUE | Nucor Corp | 0.70 | ||||
| PKX | POSCO Holdings | 0.33 | ||||
| RS | Reliance Steel | 0.33 | ||||
| USAP | Universal Stainless | 0.07 | ||||
| USNZY | Usinas Siderurgicas | 4.17 | ||||
| OUTKY | Outokumpu Oyj | 4.52 |
Additional Tools for Olympic Stock Analysis
When running Olympic Steel's price analysis, check to measure Olympic Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Olympic Steel is operating at the current time. Most of Olympic Steel's value examination focuses on studying past and present price action to predict the probability of Olympic Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olympic Steel's price. Additionally, you may evaluate how the addition of Olympic Steel to your portfolios can decrease your overall portfolio volatility.