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In trading on Monday, shares of Olympic Steel Inc. (NASDAQ:ZEUS) crossed below their last reported book value — defined as common shareholder equity per share — of $24.95, changing hands as low as $24.86 per share. Olympic Steel Inc. shares are currently trading down about 4.7% on the day. The chart below shows the one year performance of ZEUS shares, versus its 50 and 200 day moving averages:
Looking at the chart above, ZEUS's low point in its 52 week range is $20.18 per share, with $35.00 as the 52 week high point — that compares with a last trade of $24.87.
ZEUS operates in the Non-Precious Metals & Non-Metallic Mining sector, among companies like Allegheny Technologies, Inc (NYSE:ATI) which is off about 3.3% today, and United States Steel Corp. (NYSE:X) trading lower by about 2.7%. Below is a three month price history chart comparing the stock performance of ZEUS, versus ATI and X.
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