Universal Stainless & Alloy Products Inc. (USAP, Financial) experienced a significant stock price increase of 5.03%. The stock is currently priced at $43.05, with a trading volume of 120,765 shares and a turnover rate of 1.31%. The price volatility reached 3.96% recently.
The financial reports reveal that USAP achieved a revenue of $82.76 million and a net profit of $8.87 million, resulting in an earnings per share (EPS) of $0.96. The company has a gross profit of $21.01 million and a price-to-earnings (P/E) ratio of 23.57. Currently, no institutional ratings are available for USAP, such as buy, hold, or sell recommendations.
Within the steel industry, USAP's rise stands out as the sector sees a general increase of 0.69%. Notable performers in the industry include Worthington Steel, Inc., USAP, and Inno Holdings Inc. Active stocks in the sector, based on turnover rates, are Inno Holdings Inc. at 2.07%, USAP at 1.31%, and U.S. Steel at 0.88%. Stocks with notable price volatility include Inno Holdings Inc. with a 15.94% swing, Grupo Simec Sab De Cv Adr at 10.30%, and Algoma Steel Group Inc with a volatility of 8.07%.
USAP is known for producing and selling specialty steel in semi-finished and finished forms, including stainless steel, nickel alloys, tool steel, and other alloy steels. The company and its subsidiaries engage in processes like melting, remelting, heat treating, rolling, forging, machining, and cold drawing of these specialty steels.
