Jefferies Group Downgrades AK Steel (AKS) to Hold

AK Steel Holding Corporation ’s Trend Unknown Especially After Increased Shorts

AK Steel Holding Corporation ’s Trend Unknown Especially After Increased Shorts

Relative strength index (RSI-14) for AK Steel Holding Corporation (AKS) is at 61.29. Finally, Jefferies Group reiterated a buy rating on shares of United States Steel in a report on Monday, September 18th. The firm has "Buy" rating given on Tuesday, November 24 by Argus Research. Longbow Research restated a "neutral" rating on shares of United States Steel in a report on Tuesday, October 3rd. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. The stock of AK Steel Holding Corporation (NYSE:AKS) earned "Buy" rating by Clarkson Capital on Friday, May 26.

The stock is trading -46.01% away from its 52 week high of $11.28 and 52.25% far from the stock's low point over the past 52 weeks, which was $4.00. The company has a market cap of $6.9 Billion. The company has a Return on Assets (ROA) of 1.30%. United States Steel Corporation has had 11 insider trades in the last 3 months, including 0 open market buys and 11 sells. The basic materials company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.25. The business had revenue of $3.25 billion during the quarter, compared to analysts' expectations of $3.07 billion. United States Steel had a return on equity of 10.27% and a net margin of 1.05%. Over the trailing year, the stock is underperforming the S&P 500 by 21.1, and it's gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange.

Analysts expect United States Steel Corporation (NYSE:X) to report $0.63 EPS on January, 30.They anticipate $0.36 EPS change or 133.33 % from last quarter's $0.27 EPS. This represents a $0.20 annualized dividend and a yield of 0.52%. The ex-dividend date of this dividend was Thursday, November 9th. The stock has returned 4.11% weekly, which was maintained at 15.44% in the 1-month period. It is meant to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The company has its outstanding shares of 175000.

Profit Investment Management Llc decreased its stake in Take (TTWO) by 31.99% based on its latest 2017Q3 regulatory filing with the SEC. The forecast of 3 surveyed investment analysts covering the stock advises investors to Buy stake in the company. The company is scheduled to issue its next earnings results after the market closes on Wednesday, January 31st. The disclosure for this sale can be found here.

The stock increased 5.75% or $0.35 during the last trading session, reaching $6.44. Advisor Group Inc. lifted its holdings in shares of United States Steel by 3.2% in the 2nd quarter. The stock closing price is now trading upward to its 50 day moving average with change of 25.27%, escalated to its 20 day moving average with figure of 10.93% and above its 200 day moving average with value 11.22%. United States Stl Corp New now has $6.86 billion valuation. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,975 shares of the basic materials company's stock valued at $154,000 after purchasing an additional 674 shares during the last quarter. It worsened, as 51 investors sold SO shares while 353 reduced holdings.

The Company ended its previous trading session at $93.06 with the loss of -0.58%. MML Investors Services LLC purchased a new position in shares of AK Steel during the second quarter valued at about $141,000. The stock of AK Steel Holding Corporation (NYSE:AKS) earned "Hold" rating by BMO Capital Markets on Tuesday, June 27. AK Steel Holding Corporation (AKS) has risen 58.12% since January 11, 2017 and is uptrending. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of United States & worldwide copyright and trademark laws.

United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe.

AK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its subsidiary, AK Steel Corporation (AK Steel). It operates in three divisions: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products.