Radius Recycling, Inc. Price & Performance (RDUS)

Radius Recycling (NASDAQ:RDUS) hit a 52-week high this week, trading above $29, even as analyst sentiment remains cautious. The company beat earnings expectations for the latest quarter, reporting a loss of $0.99 per share versus an anticipated $1.08 loss, and posted revenue of $642.5 million. Analysts, however, forecast continued negative earnings for the year.12

Wieland, a global supplier of copper and brass products, has started a $500 million upgrade of its East Alton, Illinois facility. The project aims to enhance production and efficiency, serving industries like automotive and defense. Completion is expected by mid-2028, with support from state and local officials highlighting public-private collaboration.3

Recent filings reveal 83 institutional investors increased their holdings in Radius Recycling, while 79 reduced positions last quarter. Meanwhile, insider activity has been limited to stock sales, with no purchases reported in the past six months. The stock closed at $29.23 on Friday, near its 52-week high, but consensus analyst ratings remain negative.45