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Friedman Industries ( (FRD) ) has provided an announcement.
On July 14, 2025, Friedman Industries announced the appointment of Gaurav Chhibbar as the new Chief Operating Officer, effective July 10, 2025. Chhibbar brings a wealth of experience from his previous roles at Boston Consulting Group, Metal Edge Partners, and Cargill Inc., with a strong background in operations excellence and strategic management. His appointment is expected to enhance operational efficiency and drive the company’s continued success, aligning with Friedman’s future goals.
Spark’s Take on FRD Stock
According to Spark, TipRanks’ AI Analyst, FRD is a Neutral.
Friedman Industries’ overall stock score of 62 reflects significant challenges in financial performance, particularly with declining revenues and profitability. Technical indicators show mixed signals, suggesting some recent weakness in the stock’s performance. Valuation is reasonable, supported by a moderate P/E ratio and a small dividend yield. The positive corporate event provides some financial stability, but the primary focus remains on addressing fundamental financial issues.
To see Spark’s full report on FRD stock, click here.
More about Friedman Industries
Friedman Industries, Incorporated, headquartered in Longview, Texas, is a manufacturer and processor of steel products with operating plants in various locations including Hickman, Arkansas; Decatur, Alabama; East Chicago, Indiana; Granite City, Illinois; Sinton, Texas; and Lone Star, Texas. The company operates in two segments: flat-roll products and tubular products, processing hot-rolled steel coils and manufacturing electric resistance welded pipe.
Average Trading Volume: 32,263
Technical Sentiment Signal: Strong Buy
Current Market Cap: $116.8M
For a thorough assessment of FRD stock, go to TipRanks’ Stock Analysis page.