FRD

Friedman Industries, Incorporated · AMEX

Performance

+3.67%

1W

+17.36%

1M

+20.14%

3M

+5.53%

6M

+12.46%

YTD

+30.4%

1Y

Profile

Friedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and the steel and pipe distribution businesses the United States. It operates in two segments, Coil and Tubular. The Coil segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils. This segment also processes customer-owned coils on a fee basis. The company sells coil products and processing services to approximately 230 customers located primarily in the midwestern, southwestern and southeastern regions of the United States. Its principal customers for these products and services are steel distributors and customers manufacturing steel products, such as steel buildings, railroad cars, barges, tanks and containers, trailers, component parts and other fabricated steel products. The Tubular segment manufactures line and oil country pipes, as well as pipes for structural applications. This segment sells its tubular products principally to steel and pipe distributors through its own sales force. Friedman Industries, Incorporated was incorporated in 1965 and is headquartered in Longview, Texas.

Technical Analysis of FRD 2024-12-09

The stock exhibits a strong bullish sentiment with a Moving Average Score of 96, indicating robust upward momentum, while the Technical Score of 73 further supports this positive outlook; however, the Oscillators Score of 50 suggests a neutral stance, indicating potential consolidation or indecision in the short term. Overall, the combined score...
Technical Scores and Rating

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Stock Analysis of FRD

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