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AK Steel Holding Corporation (AKS): Today's Featured Metals & Mining Laggard

AK Steel Holding Corporation ( AKS) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day up 2.2%. By the end of trading, AK Steel Holding Corporation fell 3 cents (-0.6%) to $4.91 on average volume. Throughout the day, seven million shares of AK Steel Holding Corporation exchanged hands as compared to its average daily volume of 7.4 million shares. The stock ranged in price between $4.91-$5.21 after having opened the day at $5.06 as compared to the previous trading day's close of $4.94. Other company's within the Metals & Mining industry that declined today were: Molycorp ( MCP), down 28.5%, Oxford Resource Partners ( OXF), down 7.5%, USEC ( USU), down 7.2%, and Novagold Resources ( NG), down 6.4%.

AK Steel Holding Corporation, through its subsidiaries, produces flat-rolled carbon, stainless and electrical steels, and tubular products in the United States and internationally. AK Steel Holding Corporation has a market cap of $594 million and is part of the basic materials sector. Shares are down 35% year to date as of the close of trading on Thursday. Currently there are three analysts that rate AK Steel Holding Corporation a buy, three analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates AK Steel Holding Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

On the positive front, Entree Gold ( EGI), up 27.7%, Exeter Resource Corporation ( XRA), up 11.9%, McEwen Mining ( MUX), up 10.4%, and Gibraltar Industries ( ROCK), up 9.8%, were all gainers within the metals & mining industry with ArcelorMittal ( MT) being today's featured metals & mining industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).

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