FRD

Friedman Industries Inc
AMEX

Bargain Price: 7.77$


Current Price 7.24 $
Industry Steel
Sector Basic Materials
Country US
Website click to visit
FT Employees 103
IPO Date 1972-03-15

Friedman Industries, Inc. engages in the provision of manufacture and trade of steel products. The company is headquartered in Longview, Texas and currently employs 100 full-time employees. The firm has two product groups: coil and tubular products. The company purchases prime hot-rolled steel coils, processes the coils into flat, finished sheet and plate, and sells these products on a wholesale, rapid-delivery basis in competition with steel mills, importers and steel service centers. The company owns and ...operates approximately two coil processing facilities located in Hickman, Arkansas (Hickman) and Decatur, Alabama (Decatur). Through its Texas Tubular Products Division (TTP) in Lone Star, Texas, the Company manufactures, purchases, processes and markets tubular products (pipe). TTP operates over two pipe mills. The company sells coil products and processing services to approximately 125 customers located primarily in the midwestern, southwestern and southeastern regions of the United States.

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Size

142M

Current Ratio

6.76

Liquidity

56M

Net Income

8/10

Dividends

18/20

Earnings Growth

-88.75%

PE * PB

2.51