Insteel Industries Inc

NYSE IIIN

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Insteel Industries Inc Share Price on June 03, 2024: USD 31.97

Insteel Industries Inc Share Price is USD 31.97 on June 03, 2024, a 3.46% change year over year. Share price refers to the current trading price of a single share of a company's stock. It represents the monetary value that investors are willing to pay for ownership in the company. Share prices are determined by the supply and demand dynamics in the stock market and can fluctuate throughout the trading day. Changes in share prices are influenced by various factors, including company performance, industry trends, market conditions, investor sentiment, and economic indicators. Share price is a key indicator used by investors to assess the performance and valuation of a company's stock.
  • Insteel Industries Inc 52-week high Share Price is USD 39.18 on December 27, 2023, which is 22.55% above the current Share Price.
  • Insteel Industries Inc 52-week low Share Price is USD 26.98 on October 27, 2023, which is -15.61% below the current Share Price.
  • Insteel Industries Inc average Share Price for the last 52 weeks is USD 33.40.
NYSE: IIIN

Insteel Industries Inc

CEO Mr. Howard Osler Woltz III
IPO Date March 17, 1992
Location United States
Headquarters 1373 Boggs Drive, Mount Airy, NC, United States, 27030
Employees 884
Sector Industrials
Industry Metal fabrication
Description

Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers prestressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. Its PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures providing reinforcement for bridges, parking decks, buildings, and other concrete structures. The company's WWR engineered reinforcing product is used in nonresidential and residential construction. It produces a range of WWR products, such as engineered structural mesh, an engineered made-to-order product that is used as the primary reinforcement for concrete elements or structures serving as a reinforcing solution for hot-rolled rebar; concrete pipe reinforcement, an engineered made-to-order product, which is used as the primary reinforcement in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and other related applications; and standard welded wire reinforcement, a secondary reinforcing product for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications. It sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.

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StockViz Staff

September 20, 2024

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