(ZEUS) Olympic Steel - Ratings and Ratios

Olympic Steel, Inc. (NASDAQ: ZEUS) is a leading processor, distributor, and provider of value-added services for metal products in North America, with operations primarily in the United States, Canada, and Mexico. Founded in 1954 and headquartered in Highland Hills, Ohio, the company operates through three core business segments: Carbon Flat Products, Specialty Metals Flat Products, and Tubular and Pipe Products. Its extensive product portfolio includes stainless steel and aluminum coil and sheet products, alloy and heat-treated steel, coated metals, high-strength steel, and tin mill products. The company also offers a wide range of processing services, such as cutting-to-length, slitting, shearing, and laser cutting, catering to industries like automotive, construction, mining, and energy. Olympic Steel serves its customers through direct sales and maintains a strong presence in the metals service center industry.

From a technical perspective, ZEUS is currently trading at $33.10, below its 20-day SMA of $35.28 and 50-day SMA of $34.58, indicating near-term bearish momentum. The stocks 200-day SMA of $40.67 suggests longer-term downward pressure. With an ATR of 1.38, volatility is moderate. On the fundamental side, the companys market cap of $452.54M reflects its mid-sized position in the steel industry. A P/E ratio of 17.84, compared to a forward P/E of 12.14, signals expectations of future earnings growth. The P/B ratio of 0.72 indicates undervaluation relative to book value, while a P/S ratio of 0.22 points to a low valuation relative to sales. The return on equity of 4.00% highlights modest profitability.

Over the next three months, ZEUS is expected to face headwinds from declining steel prices and macroeconomic uncertainties. Technically, the stock may test support near $30, with resistance at $36.50. Fundamentally, the companys ability to maintain margins amid softer demand will be critical. Investors should monitor volume trends and earnings updates for directional cues.