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Highest Sales per Share in the Steel Industry Detected in Shares of U.S. Steel (X, ZEUS, SCHN, RS, CMC)
Mar 05, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Steel industry with the highest sales per share. Sales per share is a valuable metric in comparing relative value for companies in the same industry.U.S. Steel ranks highest with a sales per share of $134.01. Olympic Steel is next with a sales per share of $126.08. Schnitzer Steel Industries ranks third highest with a sales per share of $114.97.
Reliance Steel & Aluminum follows with a sales per share of $112.10, and Commercial Metals rounds out the top five with a sales per share of $65.75.
SmarTrend recommended that subscribers consider buying shares of Commercial Metals on November 2nd, 2012 as our technology indicated a new Uptrend was in progress when shares hit $14.69. Since that recommendation, shares of Commercial Metals have risen 11.0%. We continue to monitor Commercial Metals for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
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