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Is Friedman Industries Inc (FRD) a Bad Choice in Steel Thursday?

Thursday, August 18, 2022 01:27 PM | InvestorsObserver Analysts

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Is Friedman Industries Inc (FRD) a Bad Choice in Steel Thursday?

Friedman Industries Inc (FRD) is near the top in its industry group according to InvestorsObserver. FRD gets an overall rating of 53. That means it scores higher than 53 percent of stocks. Friedman Industries Inc gets a 73 rank in the Steel industry. Steel is number 112 out of 148 industries.

Overall Score - 53
FRD has an Overall Score of 53. Find out what this means to you and get the rest of the rankings on FRD!

What do These Ratings Mean?

Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. InvestorsObserver allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 53 would rank higher than 53 percent of all stocks.
This ranking system incorporates numerous factors used by analysts to compare stocks in greater detail. This allows you to find the best stocks available in any industry with relative ease. These percentile-ranked scores using both fundamental and technical analysis give investors an easy way to view the attractiveness of specific stocks. Stocks with the highest scores have the best evaluations by analysts working on Wall Street.

What's Happening With Friedman Industries Inc Stock Today?

Friedman Industries Inc (FRD) stock is trading at $11.13 as of 12:58 PM on Thursday, Aug 18, a gain of $0.61, or 5.76% from the previous closing price of $10.52. The stock has traded between $10.75 and $11.30 so far today. Volume today is light. So far 17,779 shares have traded compared to average volume of 29,928 shares. Click Here to get the full Stock Report for Friedman Industries Inc stock.

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