OLYMPIC STEEL INC stock forecast: down to 47.39 USD ZEUS stock price prognosis


Forecast for Tue 16 May 2023 price 47.30

OLYMPIC STEEL INC stock price forecast for further price development down to -6.04% (time horizon: 1 day) and price target of 47.39 USD. Short-term (time horizon: 2 weeks) OLYMPIC STEEL INC share price prediction for 2023-05-16 with daily closed price projections

Key Facts

Symbol ZEUS 

ISIN US68162K1060 

CUSIP 68162K106

Currency USD

Category Wholesale-Metals Service Centers & Offices

Forecast price change %

Finance numbers

Revenue 1,342,888,000.0

Earnings per share 1.37

Dividends 0.08

On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

Business 4 Item 1A. Risk Factors 15 Item 1B. Unresolved Staff Comments 24 Item 2. Richard T. Marabito has served as our Chief Executive Officer since January 2019. Cutting-to-length involves cutting metal along the width of the coil. Our machining activities include drilling, milling, tapping, boring and sawing. Tube processing includes tube bending and end finishing. These products typically take several months to produce due to their size and complexity. We have different competitors for each of our products and within each region. xa0; Page 10     At December 31, 2020, we employed approximately 1,626 people. We have no long-term, fixed-price metals purchase contracts. Certain of these competitors have financial and operating resources in excess of ours. 8) The lease on this facility expires on July 1, 2021, with renewal options. ( He also served as Treasurer from 1994 through 2002 and again from 2010 through 2012. xa0; Page 28     ITEM 6. We distribute these products primarily through a direct sales force. &# During 2020, we recorded LIFO income of $1.5 million compared to $3.7 million in 2019. There were no shares repurchased during 2018. &# The ABL Credit Facility matures on December 8, 2022. &# On an on-going basis, we monitor and evaluate our estimates and assumptions. &# The fair value of marketable securities is based on quoted market prices. &# LIFO inventories are stated at the lower of cost or market. The shipping terms depend on the customer contract. An invoice for payment is issued at time of shipment and terms are generally net 30 days. 2016-02, “Leases,” which specifies the accounting for leases. See Note 8 to the Consolidated Financial Statements. &# xa0; We conducted our audits in accordance with the standards of the PCAOB. xa0;We believe that our audit provides a reasonable basis for our opinion. &# The Company has implemented actions to maintain its financial health and liquidity. Occasionally the Company may also have longer-term agreements with customers. This fabrication business is immaterial to the Company\'s consolidated results. &# The amendment includes the assets acquired from Action Stainless on December 14, 2020. The interest rate hedge fixed the rate at 2.57%. There have been no changes in the methodologies used at December 31, 2020. The annual awards for 2020 and 2019 per director were $80,000. The operating segments are based primarily on internal management reporting. &# I have reviewed this annual report on Form 10-K of Olympic Steel, Inc.; & 2. Plate Products [Member] Plate products sold by the reporting entity.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/917470/000143774921004100/0001437749-21-004100.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 47.74/100
    • Not in ideal financial position.
    • Historical view, profit is growing.
    • Company revenue is growing faster compared with the industry.
    • Stock price is above book price value.

Institutional ownership list is based on filling form information

Fund ownership list is based on filling form information

Fund name Date Amount Profile
iShares Trust 2022-12-30 721649 Long
Nationwide Variable Insurance Trust 2022-12-31 1447 Long
T. ROWE PRICE INDEX TRUST, INC. 2022-12-31 430 Long
T. ROWE PRICE INDEX TRUST, INC. 2022-12-31 5252 Long
iShares Trust 2022-12-31 317911 Long

Insider trading for OLYMPIC STEEL INC

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
940858 Siegal Michael D 2023-03-02 SALE Reject Reject 0 0
1136932 Wolfort David A 2022-06-06 SALE Reject Accept Accept Reject
1463021 Kempthorne Dirk A 2023-03-14 SALE Accept Accept Accept Accept

Bollinger Bollinger Bands for OLYMPIC STEEL INC can provide the information where the market is moving based on price information.

OLYMPIC STEEL INC Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns OLYMPIC STEEL INC.

On-Balance Volume information for OLYMPIC STEEL INC. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for OLYMPIC STEEL INC. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for OLYMPIC STEEL INC. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for OLYMPIC STEEL INC. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for OLYMPIC STEEL INC. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for OLYMPIC STEEL INC. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for OLYMPIC STEEL INC. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

52W High 52W Low Market Cap

Similar shares



Figure below show the stock predictions.
Date Closing price Prediction was updated
2023-04-27 47.39 2023-03-21 05:09
2023-04-28 47.42 2023-03-21 05:09
2023-05-03 47.34 2023-03-21 05:09
2023-05-04 47.34 2023-03-21 05:09
2023-05-05 47.31 2023-03-21 05:09
2023-05-11 47.31 2023-03-21 05:09
2023-05-12 47.31 2023-03-21 05:09
2023-05-01 47.39 2023-03-21 05:09
2023-05-02 47.37 2023-03-21 05:09
2023-05-08 47.32 2023-03-21 05:09
2023-05-09 47.31 2023-03-21 05:09
2023-05-10 47.31 2023-03-21 05:09
2023-05-15 47.31 2023-03-21 05:09
2023-05-16 47.30 2023-03-21 05:09
2023-03-23 48.07 2023-03-21 05:09
2023-03-24 48.71 2023-03-21 05:09
2023-03-22 48.26 2023-03-21 05:09
2023-03-29 47.71 2023-03-21 05:09
2023-03-31 47.27 2023-03-21 05:09
2023-03-27 48.37 2023-03-21 05:09
2023-03-28 47.92 2023-03-21 05:09
2023-03-30 47.51 2023-03-21 05:09
2023-04-03 46.82 2023-03-21 05:09
2023-04-04 47.00 2023-03-21 05:09
2023-04-05 46.83 2023-03-21 05:09
2023-04-06 47.09 2023-03-21 05:09
2023-04-07 47.26 2023-03-21 05:09
2023-04-10 47.46 2023-03-21 05:09
2023-04-11 47.44 2023-03-21 05:09
2023-04-12 47.62 2023-03-21 05:09
2023-04-13 47.47 2023-03-21 05:09
2023-04-14 47.43 2023-03-21 05:09
2023-04-17 47.37 2023-03-21 05:09
2023-04-18 47.34 2023-03-21 05:09
2023-04-19 47.29 2023-03-21 05:09
2023-04-20 47.31 2023-03-21 05:09
2023-04-21 47.31 2023-03-21 05:09
2023-04-24 47.35 2023-03-21 05:09
2023-04-25 47.36 2023-03-21 05:09
2023-04-26 47.41 2023-03-21 05:09

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.