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Insteel Industries, Inc.. Trade Record

NASDAQ:IIIN Insteel Industries, Inc. stock gains 12.04% Exit Sep 20, 2019 a Trade Record by priceseries

Trade Chart
Trade Chart IIIN Sep 5, 2019, priceSeries
About Insteel Industries, Inc.

Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company markets prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). 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, including engineered structural mesh (ESM), concrete pipe reinforcement (CPR), and standard welded wire reinforcement (SWWR). ESM is an engineered made-to-order product that is used as the primary reinforcement for concrete elements or structures serving as a replacement for hot-rolled rebar; CPR is an engineered made-to-order product that 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 SWWR is a secondary reinforcing product for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications. The company sells its products through sales representatives to the manufacturers of concrete products, distributors, rebar fabricators, and contractors primarily in the United States, as well as in Canada, Mexico, and Central and South America. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.

Trade Information
Trade Type
LONG
ReliabilityScore™
88.32
Entry Date
Sep 5, 2019
Entry Price
18.73
Sell Date
Sep 20, 2019
Sell Price
20.99
Net Gain
12.04%
Hold Time
11 Trading Days