Hot Stock for Investors: AK Steel Holding Corporation (NYSE:AKS)

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"(NYSE:X)" was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. The company's distance from 52-week high price is -42.91% and the current price is 61.00% away from 52-week low price. Institutional investors own 10.40% stake in the company while Beta factor, which is used to measure riskiness of the security, was 2.56. During the same quarter in the previous year, the company posted $0.40 earnings per share. equities research analysts forecast that United States Steel Co. will post 1.79 EPS for the current fiscal year.

Several research firms have recently weighed in on X. According to the Analysts, the Low Earnings estimate for the current quarter is $0.22, while the High earnings estimate is $0.75.Comparatively, EPS for the same quarter past year was $0.42. It has a Return on Investment (ROI) of -6.80% and a gross margin of 28.90%. The firm had revenue of $3.25 billion for the quarter, compared to analysts' expectations of $3.07 billion. The business's revenue for the quarter was up 20.9% on a year-over-year basis.

AK Steel Holding Corporation (NYSE:AKS) touched its 1-Year High price of $11.28 on 01/12/17 and its 1-Year Low price of $ 4.00 on 11/15/17. The firm also buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. BMO Capital Markets increased their price objective on United States Steel from $29.00 to $33.00 and gave the company a "market perform" rating in a research report on Thursday, November 2nd. The firm has "Market Perform" rating by Cowen & Co given on Wednesday, July 27. KeyCorp restated a "hold" rating on shares of AK Steel in a research note on Tuesday, September 19th. Eight investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. Finally, Jefferies Group cut AK Steel from a "buy" rating to a "hold" rating and dropped their price target for the stock from $6.64 to $6.50 in a report on Tuesday. With 13.34M shares average volume, it will take short sellers 4 days to cover their AKS's short positions. 25,650,100 shares of the stock traded hands, compared to its average volume of 15,760,000. United States Steel has a twelve month low of $18.55 and a twelve month high of $41.83. The return on assets stands at 1.3%, Return on Equity now is -26.3% and the Return on Investment value is 14.7%. 11 were sells. Insider ownership decreased by a total of 73842 shares, which suggests that X's key executives are feeling less optimistic about the outlook for the stock. The shares were sold at an average price of $30.00, for a total transaction of $178,770.00. Moreover, Bw Gestao De Investimentos Ltda. has 1.69% invested in the company for 1.50 million shares.

WARNING: "Stifel Financial Corp Sells 6,239 Shares of United States Steel Co".

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The most recent non open market insider trade was completed by DARRAGH COLLEEN M. on 12/01/2017, and was a disposition of 9,700 shares with a final price of $30. The disclosure for this sale can be found here. The company moved in the past week with shift of 1.58%. Hedge funds and other institutional investors own 64.22% of the company's stock. The Southern Company (NYSE:SO) has risen 2.49% since January 11, 2017 and is uptrending. MML Investors Services LLC purchased a new position in shares of AK Steel during the second quarter valued at about $141,000. Rothschild Asset Management Inc. acquired a new stake in shares of AK Steel Holding Corporation during the third quarter worth approximately $13,695,000. Advisors Asset Management Inc. now owns 8,813 shares of the basic materials company's stock valued at $226,000 after purchasing an additional 2,148 shares during the period.

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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). The Company operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular).