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You might need Schnitzer Steel Industries’ (SCHN) forecast…

What’s up with Schnitzer Steel Industries?

Schnitzer Steel Industries (SCHN) opened at $15.72, which means the stock is down 4.19% from yesterday’s closing price of 16.24. Today, the company has a high of $15.92 and a low of $15.48. The company has a market cap of $421.668 million with a 52-week high of $27.47 and a 52-week low of $10.09.

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What about the future forSchnitzer Steel Industries

The high forecast for Schnitzer Steel Industries is 14.00 while the low is 14.00. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. Schnitzer Steel Industries has a weak forecast. A weak forecast is due to the company posting consistent losses in their earning reports. The future outlook does not seem too bright as this could potentially cause the company to file for bankruptcy.. Based on this information SCHN seems to be a risky buy.

About Schnitzer Steel Industries
SCHN has been providing hospitalist, intensivist and pulmonary critical care services in over 40 major hospitals in Southern California for almost twenty years. SCHN has grown into one of the largest providers of Hospitalist services in Southern California serving the needs of over 50 medical groups.

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