Friedman Industries Inc. Common Stock

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Friedman Industries Inc. Common Stock (FRD) Price Performance

Friedman Industries Inc. Common Stock (FRD) trades on United States in USD. The company is classified in the Basic Materials sector under the Steel Works, Blast Furnaces & Rolling & Finishing Mills industry. The stock currently trades at $18.35, up 5.46% from the previous close.

Over the past year, FRD has traded between a low of $13.59 and a high of $22.61. The stock has gained 26.8% over this period. It is currently 18.8% below its 52-week high.

Friedman Industries Inc. Common Stock has a market capitalization of $128.02M, with a price-to-earnings ratio of 21.04 and a dividend yield of 89.00%.

About Friedman Industries Inc. Common Stock

Friedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States. It operates in two segments, Flat-Roll Products and Tubular Products. The Flat-Roll Product segment is involved in the operation of hot-rolled coil processing facilities to cut the coils into sheets and plates, as well as the provision of process and storage services for customer-owned coils on a fee basis. The Tubular Product segment manufactures line and oil country pipes, as well as pipes for structural applications. It serves customers manufacturing steel products, and steel and pipe distributors. The company was incorporated in 1965 and is headquartered in Longview, Texas.