AK Steel Holding Corporations in-depth stock price analysis indicates that the stock price has rallied 5.4% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 83.19% . Looking at the past 52 week period, the stock price is up at 264.78% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of AK Steel Holding Corporation has a positive value of 147.22 compared to overall market. Stocks of AK Steel Holding Corporation (NYSE:AKS) rallied by 3.2% during the past week but lost 13.59% on a 4-week basis. The company has outperformed the S&P 500 by 2.37% in the past week but underperformed the index by 15.14% in the last 4 weeks.
AK Steel Holding Corporation (NYSE:AKS) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.27 points or 3.12% at $8.39 with 25,318,648 shares getting traded. Post opening the session at $8.72, the shares hit an intraday low of $8.35 and an intraday high of $8.79 and the price was in this range throughout the day. The company has a market cap of $2,636 million and the number of outstanding shares has been calculated to be 314,160,560 shares. The 52-week high of AK Steel Holding Corporation (NYSE:AKS) is $11.39 and the 52-week low is $2.11.
AK Steel Holding Corporation Last issued its quarterly earnings results on Jan 24, 2017. The company reported $0.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.18. Analyst had a consensus of $0.07. The company had revenue of $1418.60 million for the quarter, compared to analysts expectations of $1423.56 million. The companys revenue was down -8.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.30 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.AK Steel Holding Corporation was Downgraded by JP Morgan to Neutral on Jan 25, 2017. AK Steel Holding Corporation was Downgraded by Citigroup to Sell on Jan 19, 2017. AK Steel Holding Corporation was Downgraded by Credit Suisse to Neutral on Jan 12, 2017. AK Steel Holding Corporation was Downgraded by Macquarie to Neutral on Nov 29, 2016. AK Steel Holding Corporation was Upgraded by Morgan Stanley to Overweight on Nov 14, 2016.
Company has reported several Insider transactions to the SEC, on Jul 29, 2016, Vicente Wright (director) sold 27,000 shares at 6.70 per share price.On Aug 3, 2015, Roger K Newport (CFO) purchased 5,000 shares at 3.12 per share price.On Aug 3, 2015, Gregory A Hoffbauer (Controller & Chief Acct. Off.) purchased 2,200 shares at 3.35 per share price.
AK Steel produces flat-rolled carbon, stainless and electrical steel products, as well as carbon and stainless tubular steel products, for automotive, appliance, construction and manufacturing markets. AK Steel maintains a relentless pursuit of improvement in every critical performance measure. The result is a track record without equal.