Shares of Schnitzer Steel Industries, Inc. (SCHN) have traded between $18.69 – 27.47. The next earnings date is set for Apr 02, 2020. Let’s see how its prospects are shaping up.
What does Schnitzer Steel Industries, Inc.(SCHN) do?
Schnitzer Steel Industries, Inc. engages in recycling of ferrous and nonferrous scrap metal and manufacture of finished steel products. It operates through the Auto and Metals Recycling (AMR) and Cascade Steel and Scrap (CSS) segments. The AMR segment acquires and recycles ferrous and nonferrous scrap metal for sale to foreign and domestic metal producers, processors and brokers, and procure salvaged vehicles and sells serviceable used auto parts from these vehicles through a network of self-service auto parts stores. The CSS segment manages a steel mini-mill that produces a range of finished steel long products using ferrous recycled scrap metal and other raw materials. The company was founded by Sam Schnitzer in 1906 and is headquartered in Portland, OR.
SCHN Insider Trading Insight
On 2019-11-04, Saba Peter B SVP, GC, Corp. Secretary sold 9,333 shares of SCHN. That represents a value of $39,592. Not to be outdone, on 2019-11-05, Peach Richard S – Sale sold24,090 shares of SCHN. These insiders are clearly in the know because they work closely with the company.
The BGCP Consensus Price Target
The mean recommendation of BGC Partners, Inc. from top Wall Street analysts is a Moderate Buy. That is based on 1 analysts who work on the Street. Based on 1 analyst offering 12 month price targets for BGC Partners in the last 3 months. The average price target is $8.00 with a high forecast of $8.00 and a low forecast of $8.00. The average price target represents a 34.45% increase from the last price of $5.95. Last week, several articles were published in financial papers about BGCP and 38% Bearish while 62% Bullish.
BGCP Intraday Trading
BGCP is due to report earnings on Feb 06, 2020. In the last year the price has ranged from 4.47 – 6.41. Recently, Galvin Sean purchased 20,000 shares of BGCP. He is a $102,027 shareholder in BGCP.
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