Reliance Steel Below Support – Zacks Tale of the Tape
Source: http://www.zacks.com/stock/news/19619/Reliance+Steel+Below+Support+-+Zacks+Tale+of+the+TapePosted on Tuesday, April 28th, 2009 | In Market Commentary, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -
Reliance Steel & Aluminum Co. (RS) dropped nearly 4% in the afternoon session to trade below support at $32.69. The consensus estimate on the company’s full-year earnings has fallen by 19 cents per share to $2.62 in the past week. RS is a Zacks#5 Rank (”Strong Sell”) stock.
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