-
1 Comment
Friedman Industries, Incorporated is currently in a long term uptrend where the price is trading 46.4% above its 200 day moving average.
From a valuation standpoint, the stock is 94.9% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.5.
Friedman Industries, Incorporated's total revenue rose by 1.2% to $29M since the same quarter in the previous year.
Its net income has increased by 100.3% to $3K since the same quarter in the previous year.
Finally, its free cash flow fell by 80.5% to $609K since the same quarter in the previous year.
Based on the above factors, Friedman Industries, Incorporated gets an overall score of 4/5.
| Exchange | NYSE MKT |
|---|---|
| CurrencyCode | USD |
| Sector | Basic Materials |
| Industry | Steel |
| ISIN | US3584351056 |
| Target Price | None |
|---|---|
| Dividend Yield | 0.8% |
| Market Cap | 119M |
| Beta | 1.39 |
| PE Ratio | 21.06 |
Friedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States. It operates in two segments, Flat-Roll Products and Tubular Products. The Flat-Roll Product segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils, as well as provision of process and storage services for customer-owned coils on a fee basis. The segment offers its products and services to 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 Product segment manufactures line and oil country pipes, as well as pipes for structural applications. This segment sells its tubular products principally to steel and pipe distributors through its own sales force. The company was incorporated in 1965 and is based in Longview, Texas.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for FRD using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2025
