In last trading session, Friedman Industries, Inc (NASDAQ:FRD) saw 0.76 million shares changing hands with its beta currently measuring 1.50. Company’s recent per share price level of $16.08 trading at -$0.25 or -1.53% at ring of the bell on the day assigns it a market valuation of $113.52M. That closing price of FRD’s stock is at a discount of -18.91% from its 52-week high price of $19.12 and is indicating a premium of 23.88% from its 52-week low price of $12.24. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 96240.0 shares which gives us an average trading volume of 20.48K if we extend that period to 3-months.
Friedman Industries, Inc (NASDAQ:FRD) trade information
Upright in the red during last session for losing -1.53%, in the last five days FRD remained trading in the red while hitting it’s week-highest on Wednesday, 06/25/25 when the stock touched $16.08 price level, adding 4.4% to its value on the day. Friedman Industries, Inc’s shares saw a change of 11.67% in year-to-date performance and have moved -3.77% in past 5-day. Friedman Industries, Inc (NASDAQ:FRD) showed a performance of 0.19% in past 30-days. Number of shares sold short was 27060.0 shares which calculate 1.51 days to cover the short interests.
FRD Dividends
Friedman Industries, Inc is more likely to be releasing its next quarterly report in July and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 1.00%, the share has a forward dividend of 0.16 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 0.86%.
Friedman Industries, Inc (NASDAQ:FRD)’s Major holders
Insiders are in possession of 5.67% of company’s total shares while institution are holding 53.24 percent of that, with stock having share float percentage of 56.44%. Investors also watch the number of corporate investors in a company very closely, which is 53.24% institutions for Friedman Industries, Inc that are currently holding shares of the company. DIMENSIONAL FUND ADVISORS LP is the top institutional holder at FRD for having 0.56 million shares of worth $8.48 million. And as of 2024-06-30, it was holding 8.0946 of the company’s outstanding shares.
The second largest institutional holder is GENDELL JEFFREY L, which was holding about 0.45 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.4224 of outstanding shares, having a total worth of $6.73 million.