Insteel Industries

NASDAQ:IIIN   3:59PM EDT
21.45
+0.21 (+0.99%)

People also watch

StockTwits Share  Twitter Share  Facebook Share
Market Cap (Intraday)412.92M
Current PE15.04
Forward PE 22.82
2yr Forward PE N/A
See more stats...
Estimates Current Quarter
Revenue$133.03 Million
Adjusted EPS$0.33
See more estimates...
10-Day MA$21.14
50-Day MA$19.82
200-Day MA$23.25
See more pivots...

INSTEEL INDUSTRIES INC Stock, NASDAQ:IIIN

1373 BOGGS DR, MOUNT AIRY, NC 27030
United States of America
Phone: 9107862141
Number of Employees: 848

Description

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.