Ryerson Holding Corp Stock Hits Oversold Territory

Ryerson Holding Corp (RYZ) shares entered oversold territory with a Relative Strength Index reading of 29.9, compared to the metals and mining stocks average RSI of 39.1. The stock's recent heavy selling may be exhausting itself, making it a potential buy opportunity. The 52-week range is $19.02-$30.90, and shares are currently trading at $20.84, down 2.4% on the day.