Friedman Industries (NYSE:FRD) Downgraded to Hold at StockNews.com
(NYSE:FRD) was downgraded by research analysts at StockNews.com.
Investors received a Friday note that changed the rating from 'buy' to 'hold'.
Friedman Industries stock down 2.9 %
The stock fell $0.29 to $9.88 on Friday. The stock was traded at 8,200 shares, as opposed to the average of 19,757. Get Rating
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Friedman Industries, Incorporated is a steel and pipe distributor in the United States. It is divided into two segments: Coil and Tubular. The Coil segment involves the conversion of flat sheets and plates into steel coils and then reselling them.
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