2016-07-07

Today, the Pres. Steel Manufacturing Bus. of Schnitzer Steel Industries (NASDAQ: SCHN), Jeffery Dyck, sold shares of SCHN for $162.1k.

Following Jeffery Dyck’s last SCHN Sell transaction on June 03, 2016, the stock climbed by 1.5%. In addition to Jeffery Dyck, one other SCHN executive reported Sell trades in the last month.

The company has a one year high of $21.36 and a one year low of $11.42. Currently, Schnitzer Steel Industries has an average volume of 195.8k.

Three different firms, including D.A. Davidson and Goldman Sachs, currently also have a Sell rating on the stock.

Looking at blogger coverage of SCHN, there is a 50% Bullish tendency on the stock, in relation to a 67% average bullish tendency within the Materials sector.

Over the last 3 months, the insider sentiment on Schnitzer Steel Industries has been neutral based on 70 corporate insider transactions. This sentiment is slightly lower than the average sector sentiment of insiders.

Schnitzer Steel Industries, Inc. engages in the recycling of ferrous and nonferrous scrap metal, used and salvaged vehicles, and manufacturer of finished steel products. It operates through the following segments: Metals Recycling Business, Auto Parts Business, and Steel Manufacturing Business. The Metals Recycling Business segment buys, collects, processes, recycles, sells and brokers ferrous scrap metal to foreign and domestic steel producers, including Steel Manufacturing Business, and nonferrous scrap metal to both foreign and domestic markets. The Auto Parts Business segment procures used and salvaged vehicles and sells serviceable used auto parts from these vehicles through its self-service auto parts stores. The Steel Manufacturing Business segment operates a steel mini-mill that produces a wide range of finished steel products using recycled metal and other raw materials. The company was founded by Sam Schnitzer in 1906 and is headquartered in Portland, OR.

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