How to buy Olympic Steel stock

Olympic Steel, Inc is a steel business based in the US. Olympic Steel shares (ZEUS) are listed on the NASDAQ and all prices are listed in US Dollars. Olympic Steel employs 1,551 staff and has a trailing 12-month revenue of around USD$1.2 billion.

How to buy shares in Olympic Steel

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Olympic Steel. Find the stock by name or ticker symbol: ZEUS. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Olympic Steel reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Olympic Steel, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Olympic Steel. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Olympic Steel share price

Use our graph to track the performance of ZEUS stocks over time.

Olympic Steel shares at a glance

• Key figures

Information last updated 2021-02-24.

52-week range	USD$7.7009 - USD$18.35
50-day moving average	USD$15.4188
200-day moving average	USD$13.3926
Wall St. target price	USD$16.5
PE ratio	50.5238
Dividend yield	USD$0.08 (0.43%)
Earnings per share (TTM)	USD$0.207

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Is it a good time to buy Olympic Steel stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Olympic Steel, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Olympic Steel financials

Revenue TTM	USD$1.2 billion
Gross profit TTM	USD$298.9 million
Return on assets TTM	-0.36%
Return on equity TTM	-2.72%
Profit margin	-0.68%
Book value	$26.983
Market capitalisation	USD$212.5 million

TTM: trailing 12 months

Shorting Olympic Steel shares

There are currently 240,438 Olympic Steel shares held short by investors – that's known as Olympic Steel's "short interest". This figure is 6.2% up from 226,352 last month.

There are a few different ways that this level of interest in shorting Olympic Steel shares can be evaluated.

Olympic Steel's "short interest ratio" (SIR)

Olympic Steel's "short interest ratio" (SIR) is the quantity of Olympic Steel shares currently shorted divided by the average quantity of Olympic Steel shares traded daily (recently around 41888.153310105). Olympic Steel's SIR currently stands at 5.74. In other words for every 100,000 Olympic Steel shares traded daily on the market, roughly 5740 shares are currently held short.

However Olympic Steel's short interest can also be evaluated against the total number of Olympic Steel shares, or, against the total number of tradable Olympic Steel shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Olympic Steel's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Olympic Steel shares in existence, roughly 20 shares are currently held short) or 0.0319% of the tradable shares (for every 100,000 tradable Olympic Steel shares, roughly 32 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Olympic Steel.

Find out more about how you can short Olympic Steel stock.

Olympic Steel share price volatility

Over the last 12 months, Olympic Steel's shares have ranged in value from as little as $7.7009 up to $18.35. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Olympic Steel's is 1.7134. This would suggest that Olympic Steel's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Olympic Steel overview

Olympic Steel, Inc. processes and distributes metal products in the United States and internationally. It operates in three segments: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. The Carbon Flat Products segment sells and distributes processed carbon and coated flat-rolled sheets, coil and plate products, and fabricated parts. The Specialty Metals Flat Products segment sells and distributes processed aluminum and stainless flat-rolled sheets and coil products, flat bar products, and fabricated parts. The Tubular and Pipe Products segment distributes metal tubing products, pipes, bars, valves and fittings, and fabricated pressure parts. The company also provides various processing services comprising cutting-to-length, slitting, flattening, sawing and shearing, and value-added processing of blanking, tempering, plate burning, laser cutting, precision machining, welding, fabricating, bending, beveling, polishing, kitting, and painting to process metals to specified lengths, widths, and shapes. It serves metal consuming industries, such as manufacturers and fabricators of transportation and material handling lift equipment, construction, mining and farm equipment, storage tanks, environmental and energy generation equipment, automobiles, food service and electrical equipment, and military vehicles and equipment, as well as general and plate fabricators, and metals service centers through direct sales force. Olympic Steel, Inc. was founded in 1954 and is headquartered in Bedford Heights, Ohio.

Frequently asked questions

• What percentage of Olympic Steel is owned by insiders or institutions?

  Currently 17.885% of Olympic Steel shares are held by insiders and 67.558% by institutions.

• How many people work for Olympic Steel?

  Latest data suggests 1,551 work at Olympic Steel.

• When does the fiscal year end for Olympic Steel?

  Olympic Steel's fiscal year ends in December.

• Where is Olympic Steel based?

  Olympic Steel's address is: 5096 Richmond Road, Bedford Heights, OH, United States, 44146

• What is Olympic Steel's ISIN number?

  Olympic Steel's international securities identification number is: US68162K1060

• What is Olympic Steel's CUSIP number?

  Olympic Steel's Committee on Uniform Securities Identification Procedures number is: 68162K106