Are Analysts Bullish United States Steel Corporation (NYSE:X) After Last Week?

Volatility refers to the amount of uncertainty or risk about the size of changes in a security's value. Strategic Investment Management Llc sold 55,699 shares as the company's stock declined 37.22% while stock markets rallied. Private Advisor Group LLC's holdings in AK Steel Holding were worth $19,929,000 as of its most recent SEC filing. The correct version of this news story can be viewed at

On the other hand the company has Relative Strength Index (RSI 14) of 46.61 along with Average True Range (ATR 14) of 0.3, Consequently AK Steel Holding Corp (NYSE:AKS)'s weekly and monthly volatility is 5.04%, 5.19% respectively. Arizona State Retirement System boosted its position in shares of AK Steel Holding by 1.8% in the first quarter. The share price of X has decreased by over -40.73% in the last six months. BlackRock Inc. increased its stake in AK Steel Holding by 52,055.2% in the first quarter. Boothbay Fund Management LLC bought a new stake in shares of AK Steel Holding during the fourth quarter valued at $123,000.

AK Steel Holding (NYSE:AKS) last released its quarterly earnings results on Tuesday, April 25th. Jefferies maintained the shares of AKS in report on Thursday, September 15 with "Hold" rating.

Stock is now moving with a negative distance from the 200 day simple moving average of approximately -17.27%, and has a poor year to date (YTD) performance of -42.21% which means the stock is constantly subtracting to its value from the previous fiscal year end price.

AK Steel Holding Corporation (AKS) has the market capitalization of $1.92 Billion. AK Steel Holding Co.

14 analysts on average are expecting AK Steel Holding Corporation to report earnings of $0.13 per share for the current quarter.

While considering growth estimates of the company, it has next quarter growth estimates of -19% whereas during current quarter it has 62.5% estimations over growth, comparing to the estimations of 74.3% during current year and 19.7% for next year. Analysts forecast earnings per share of $0.57, up exactly $0.88 or 283.87 % from 2014's $-0.31 EPS. The firm's revenue was up 1.0% on a year-over-year basis. Its book value per share for the most recent quarter is $-0.73 while its price to book ratio for the same period is 0, as for as the company's cash per share for the most recent quarter is $0.58, however its price to cash per share ratio for the same period is 10.36. On average, equities analysts anticipate that United States Steel will post $1.05 EPS for the current fiscal year.

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Bank Of Montreal had 27 analyst reports since August 4, 2015 according to SRatingsIntel.

During the most recent trading day, the stock's price shifted up+52.45 percent from its 52-week-low while -48.20 percent lower from its 52-week high.

United States Steel Corporation (X) is an interesting player in the Basic Materials space, with a focus on Steel & Iron.

United States Steel Corporation (X) stock price tumbled -3.43% to finalize at $20.29 throughout previous buying and selling session. Lmr Prns Limited Liability Partnership stated it has 0.14% of its portfolio in AK Steel Holding Corporation (NYSE:AKS).

Analysts' mean recommendation for AK Steel Holding Corporation (AKS) stands at 2.60. Five research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the company.

Comerica Bank raised its stake in United States Steel Co. The Company also operates blast furnaces and electric arc furnaces.

  • Zachary Reyes