MENU
+Compare
FRD
Stock ticker: ASE
AS OF
Jan 23 closing price
Price
$14.27
Change
+$0.19 (+1.35%)
Capitalization
99.41M

FRD stock forecast, quote, news & analysis

FRD
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
A.I.Advisor
published price charts
Ad is loading...
A.I.Advisor
a Summary for FRD with price predictions
Jan 14, 2025

FRD in downward trend: 10-day moving average moved below 50-day moving average on January 10, 2025

The 10-day moving average for FRD crossed bearishly below the 50-day moving average on January 10, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

FRD moved below its 50-day moving average on January 08, 2025 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FRD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for FRD entered a downward trend on January 14, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for FRD's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

FRD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.772) is normal, around the industry mean (1.136). P/E Ratio (12.518) is within average values for comparable stocks, (78.242). FRD's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (0.926). FRD has a moderately low Dividend Yield (0.011) as compared to the industry average of (0.055). P/S Ratio (0.213) is also within normal values, averaging (0.949).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 74, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. FRD’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

A.I.Advisor
published Dividends

FRD is expected to pay dividends on February 14, 2025

Friedman Industries FRD Stock Dividends
A dividend of $0.04 per share will be paid with a record date of February 14, 2025, and an ex-dividend date of January 17, 2025. The last dividend of $0.04 was paid on November 15. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nucor Corp (NYSE:NUE), ArcelorMittal (NYSE:MT), United States Steel Corp (NYSE:X), Cleveland-Cliffs (NYSE:CLF).

Industry description

The steel industry includes manufacturers of steel and steel-related products. Companies use iron ore and scrap steel to produce steel. The industry also includes companies involved in mining and marketing of steel products. Along with serving some of the domestic markets, U.S. steel output has, over the years, been used by international economies as well. Competition from imported steel has also increased over time. The industry could be susceptible to business cycles, since the element is an important input in industrial production. Some of the globally-renowned steel behemoths include Nucor Corporation, Vale, and ArcelorMittal SA.

Market Cap

The average market capitalization across the Steel Industry is 4.65B. The market cap for tickers in the group ranges from 39.16K to 28.66B. NUE holds the highest valuation in this group at 28.66B. The lowest valued company is ADTC at 39.16K.

High and low price notable news

The average weekly price growth across all stocks in the Steel Industry was 0%. For the same Industry, the average monthly price growth was -0%, and the average quarterly price growth was -8%. MSB experienced the highest price growth at 14%, while KBSX experienced the biggest fall at -42%.

Volume

The average weekly volume growth across all stocks in the Steel Industry was 13%. For the same stocks of the Industry, the average monthly volume growth was 5% and the average quarterly volume growth was 52%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 22
P/E Growth Rating: 44
Price Growth Rating: 63
SMR Rating: 72
Profit Risk Rating: 74
Seasonality Score: 4 (-100 ... +100)
View a ticker or compare two or three
FRD
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I. Advisor
published General Information

General Information

a manufacturer of processes and distributes pipes and steel

Industry Steel

Profile
Fundamentals
Details
Industry
Metal Fabrication
Address
1121 Judson Road
Phone
+1 903 758-3431
Employees
99
Web
https://www.friedmanindustries.com