Analysts Anticipate SLX To Hit $33 Monday, September 12, 9:21 AM ET, by Market News Video Staff Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
Steel Dynamics Becomes Oversold Tuesday, September 13, 12:04 PM ET, by Market News Video Staff The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...
Ex-Div Reminder for Friedman Industries Monday, October 10, 10:05 AM ET, by Market News Video Staff On 10/12/16, Friedman Industries, Inc. (FRD) will trade ex-dividend, for its quarterly dividend of $0.01, ...
In trading on Thursday, shares of Friedman Industries, Inc. (AMEX:FRD) crossed below their last reported book value — defined as common shareholder equity per share — of $8.79, changing hands as low as $8.70 per share. Friedman Industries, Inc. shares are currently trading off about 1.6% on the day. The chart below shows the one year performance of FRD shares, versus its 50 and 200 day moving averages:
Looking at the chart above, FRD's low point in its 52 week range is $6.50 per share, with $12.95 as the 52 week high point — that compares with a last trade of $8.77.
FRD operates in the Non-Precious Metals & Non-Metallic Mining sector, among companies like Steel Dynamics Inc. (NASDAQ:STLD) which is off about 5.2% today, and Titanium Metals Corp. (TIE) trading lower by about 3.2%. Below is a three month price history chart comparing the stock performance of FRD, versus STLD and TIE.
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