Economy

Timken Steel Corporation (NYSE:TMST) Sees Unusual Trading Volume in Its Shares

On Friday, United States Steel Corporation (NYSE:X) reached at $26.05 price level during last trade its distance from 20 days simple moving average is 1.47%, and its distance from 50 days simple moving average is 4.04% while it has a distance of -7.45% from the 200 days simple moving average. Increasing profits are the best indication that a company can pay dividends and that the share price will trend upward. However, the institutional investors are observed to own 64.70% of the total shares. Moreover, Fifth Third Bancshares has 0% invested in AK Steel Holding Corporation (NYSE:AKS).

For the current quarter, 14 analysts are projecting a mean EPS of $0.76/share. Commonwealth of Pennsylvania Public School Empls Retrmt SYS's holdings in United States Steel were worth $1,007,000 at the end of the most recent quarter. Sii Investments Inc. WI increased its position in United States Steel Corporation by 51.5% in the second quarter. The stock price recently experienced a 5-day gain of 2.93% with 0.4 average true range (ATR). Flinton Capital Management LLC increased its position in United States Steel Corporation by 1.8% in the second quarter. Profund Advsr Ltd Liability holds 0.05% of its portfolio in HCA Healthcare Inc (NYSE:HCA) for 12,277 shares. Susquehanna's stake was worth $17000 at the time of purchase. Earnings surprises can have a huge impact on a company's stock price.

Covering sell-side analysts have recently weighed in on shares of AK Steel Holding Corporation (NYSE:AKS).

Relative strength index (RSI-14) for United States Steel Corporation (X) is at 54.37. The company now has a Return on Equity of 4.60% and Return on Investment of 2.40%.

United States Steel (NYSE:X) last posted its earnings results on Tuesday, April 25th. The basic materials company reported $1.07 EPS for the quarter, topping the consensus estimate of $0.41 by $0.66.

Moving toward the return on equity, that was booked as -0.50%, while return on assets was -0.20%. The company's revenue for the quarter was up 21.7% on a year-over-year basis.

For the past 5 years, AK Steel Holding Corporation's EPS growth has been almost 52.6%. In taking a look at recent performance, we can see that shares have moved 4.42% over the past week, 13.21% over the past 4-weeks, -12.27% over the past half year and 68.59% over the past full year.

X has been the topic of several recent analyst reports. A ratio of under 1 typically indicates that the shares are undervalued. Cowen and Company set a $21.00 target price on shares of United States Steel Corporation and gave the company a "hold" rating in a report on Thursday, June 15th.

The collective rating of 2 for ContraVir Pharmaceuticals, Inc. Finally, Macquarie started coverage on shares of United States Steel Corporation in a research report on Wednesday, September 6th. There are brokerage firms with lower targets than the average, including one setting a price target of $4.5. The stock of AK Steel Holding Corporation (NYSE:AKS) has "Hold" rating given on Monday, October 5 by Deutsche Bank. The mean target price as estimated by the analysts for the company has been recorded at $27.82.

COPYRIGHT VIOLATION WARNING: This news story was first posted by BBNS and is the sole property of of BBNS. If you are reading this article on another publication, it was illegally stolen and republished in violation of U.S. & global copyright & trademark legislation. This activity has been headed largely by Dennis Cuneo, a director of the company. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. These ratios are Earnings Yield, ROIC, Price to Book, and 5 year average ROIC. Mark Sheptoff Financial Planning, LLC owns 2,881 shares with a value of $44,000. The disclosure for this purchase can be found here. The Company, through its subsidiaries, owns and operates hospitals and related healthcare entities.

United States Steel Corporation is an integrated steel producer.

The TTM operating margin for the company stands at 2.5%.



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