Friedman Industries, Incorporated

Last price update: 04 Oct 24 23:00 GMT

Price:
$15.94
Open:
$16.28
Previous close:
$15.96
Day's range:
$15.94 - $16.32
Year's range:
$9.50 - $19.52
Net Income per Share:
1.72
Price-to-Earnings ratio:
9.27
52-week Price Range:
$15.33
Volume:
$11,664.00
Average volume:
$17,632.00

Company profile for Friedman Industries, Incorporated

Friedman Industries, Incorporated logo

Friedman Industries, Incorporated is a leading steel processor, pipe manufacturer and steel and pipe distributor in the United States. Established in 1965 and headquartered in Longview, Texas, the company operates in two segments: Coil and Tubular. The Coil segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils. It also processes customer-owned coils on a fee basis and sells its products and services to approximately 230 customers located primarily in the midwestern, southwestern and southeastern regions of the United States. Its principal customers are steel distributors and customers manufacturing steel products, such as steel buildings, railroad cars, barges, tanks and containers, trailers, component parts and other fabricated steel products. The Tubular segment manufactures line and oil country pipes, as well as pipes for structural applications. It sells its tubular products to steel and pipe distributors through its own sales force.

Friedman Industries, Incorporated has been successful in its business operations and has grown to become one of the largest steel and pipe distributors in the United States. The company has a diversified customer base, which includes some of the largest steel and pipe distributors in the country. It also has a strong presence in the oil and gas industry, providing tubular products for the transportation and storage of oil and gas. The company is also a major supplier of steel products for the automotive industry. It has invested heavily in modern equipment and technology to ensure that its products and services meet the highest standards. The company also has an extensive network of warehouses and distribution centers located throughout the United States. This allows the company to offer quick delivery and competitive prices to its customers.

Stock exchanges:
AMEX
Sector:
Basic Materials
Industries:
Steel
Ticker:
FRD
CIK:
39092
ISIN:
US3584351056
Website:
https://www.friedmanindustries.com
Phone:
903 758 3431
Origin:
United States
Employees:
98