Nucor Corporation (NYSE:NUE) changed 2.13% to recent value of $50.35. The stock transacted 1867548 shares during most recent day however it has an average volume of 2197K shares. It spotted trading -23.75% off 52-week high price. On the other end, the stock has been noted 9.22% away from the low price over the last 52-weeks.
On Sept. 05, 2019, The board of directors of Nucor Corporation (NYSE:NUE) declared the regular quarterly cash dividend of $0.40 per share on Nucor’s common stock. This cash dividend is payable on November 8, 2019 to stockholders of record on September 27, 2019, and is Nucor’s 186th consecutive quarterly cash dividend.
Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the U.S. and Canada. Products produced include: carbon and alloy steel — in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; steel grating; and wire and wire mesh. Nucor, through The David J.Joseph Company, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America’s largest recycler.
NUE has a gross margin of 16.30% and an operating margin of 12.50% while its profit margin remained 8.80% for the last 12 months. Its earnings per share (EPS) expected to touch remained 109.60% for this year while earning per share for the next 5-years is expected to reach at -3.92%.
The company has 302.1M of outstanding shares and 301.32M shares were floated in the market. According to the most recent quarter its current ratio was 3.6 that represents company’s ability to meet its current financial obligations. The price moved ahead of 2.76% from the mean of 20 days, -4.12% from mean of 50 days SMA and performed -9.74% from mean of 200 days price. Company’s performance for the week was 6.45%, -1.93% for month and YTD performance remained -2.82%.
Category – Business
After many years in the market, Charles Frey dedicated all his time to write articles highlighting different financial problems. He has worked as financial analyst until his retirement. He is a well-known research director and portfolio manager for more than 5 years.
Charles holds a postgraduate degree in Software Engineering. ‘The stock market is filled with individuals who know the price of everything, but the value of nothing.’ Charles is a share market expert, being personally invested for over 6 years. He has been writing his entire life, and while he has made a career of business and finance reporting, he still enjoys writing short stories and poetry.
Address: 2520 North Van Buren Street, Wilmington, DE 19802, USA
Email: [email protected]
Zip code: 19802
Contact # 302-298-6858