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Which Stock Worth Selling? Reliance Steel & Aluminum Co. (NYSE:RS), McEwen Mining Inc. (NYSE:MUX)

Reliance Steel & Aluminum Co. (NYSE:RS)

Reliance Steel & Aluminum Co. (NYSE:RS), ended its previous trading session at $118.66 showing a loss of -2.86 or -2.35 percent with respect to the price of $121.52 when stock market opened. The company traded 510036 shares over the course of the trading day. Giving the average volume of 318.42 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 63.76 Million.

Reliance Steel & Aluminum Co. (NYSE:RS) is currently trading Higher than its price target which is set to $114.83 by the analyst. The stock is -2.87% Below its 1-Year High which is $122.17. RS has a difference of 68.15% from its 1 year low which stands at $70.57. The company is currently rated by analyst who are keeping a close eye on the stock as 2.4. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Reliance Steel & Aluminum Co. (NYSE:RS) Performance Snapshot

The stock performed exceptionally bad in the previous week which depicts an decrease of 1.23 percent in the shares price. The company added about 5.72% in its share price over 1-Month. While taking about the performance of the stock over 1-year interval is 2.45 Percent. RS currently shows -0.92% as its year to date performance.

Reliance Steel & Aluminum Co. (NYSE:RS) Price Insight

The stock needs to grow about $-3.83 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 5.05%, 8.47% and 18.88 percent respectively. The stock trades about 1.29 percent of its Float giving its total shares Outstanding are 63.76 Million. RS gained about 30 percent in 6 months showing its Average True Range of 3.41. The company currently has a RSI and Beta of 61.49 and 1.03.

While talking about Reliance Steel & Aluminum Co. (NYSE:RS) valuation ratios, the stock trades with a P/S and P/B of 0.81 and 1.5 which is significantly better and attractive as compared to its peers.

McEwen Mining Inc. (NYSE:MUX)

McEwen Mining Inc. (NYSE:MUX), closed the last trading session at $0.98 with decrease of $-0.01 or -0.82 percent against the opening price of $0.99. The trading day volume of the company stands at 1.67 Million shares while the average trading volume of McEwen Mining Inc. (NYSE:MUX) is 3.49 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 403.89 Million.

The price target of McEwen Mining Inc. (NYSE:MUX) is currently set at 0 by the analysts. The stock is $-38.36 Below its 1-Year High which is $1.59. MUX hit its 1-Year low price of $0.53. The company is currently rated by analyst who are keeping a close eye on the stock as 2. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of McEwen Mining Inc. (NYSE:MUX)

The value of the stock decreased by -1% during the previous week performance. Looking at the 1 month performance of McEwen Mining Inc. (NYSE:MUX), the stock dipped -9.26%. While the 1 year performance shows a negative percentage of -35.1 and year to date performance stands at -22.83%.

McEwen Mining Inc. (NYSE:MUX) Analytical Review

The stock needs to grow about $-0.98 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are -3.44%, -8.41% and -5.95 percent respectively. The stock trades about 17.63 percent of its Float giving its total shares Outstanding are 403.89 Million. MUX gained about 24.67 percent in 6 months showing its Average True Range of 0.05. The company currently has a RSI and Beta of 43.77 and 0.99.

While talking about McEwen Mining Inc. (NYSE:MUX) valuation ratios, the stock trades with a P/S and P/B of 3.66 and 1.04 which is significantly better and attractive as compared to its peers.

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