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Enter Symbol:
Olympic Steel, Inc. (ZEUS) [hlAlert]

down 54.23 %

Olympic Steel, Inc. (ZEUS) upgraded to Buy by Davenport

Posted on: Monday,  Jun 6, 2011  1:25 PM ET by Davenport

Davenport rated Buy Olympic Steel, Inc. (NASDAQ: ZEUS) on 06/06/2011, when the stock price was $27.40. Since
then, Olympic Steel, Inc. has lost 54.23% as of 01/13/2016's recent price of $12.54.
If you would have followed this Davenport's recommendation on ZEUS, you would have lost 54.23% of your investment in 1682 days.

Olympic Steel, Inc. is a United States-based steel service center. The Company focused on the direct sale and distribution of large volumes of processed carbon, coated and stainless flat-rolled sheet, coil and plate steel products. It operates as an intermediary between steel producers and manufacturers that require processed steel for their operations. The Company provides services and functions that form an integral component of its customer?s supply chain management and inventory levels. The Company?s processing services include service center processes of cutting-to-length, slitting, and shearing, blanking, tempering, plate burning, precision machining, welding, fabrication and painting of steel parts. The Company operates with 17 processing and distribution facilities in Connecticut, Georgia, Illinois, Iowa, Michigan, Minnesota, North Carolina, Ohio, Pennsylvania and South Carolina.

In response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest selections of these companies in our market. Our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/6/2011 1:25 PM Buy
as of 12/30/2011
1 Week down  -8.94 %
1 Month down  -1.76 %
3 Months up  37.66 %
1 YTD down  -14.89 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/2/2008 11:25 AM Hold
5/1/2008 9:25 AM Buy
51.38 54.00
3/28/2008 2:25 PM Buy
44.75 48.00

(*) Stock Price at the time of the recommendation.
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