This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

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).

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
Submit an article to us!
DOW 17,058.12 +83.81 0.49%
S&P 500 0.00 -2.75 -0.14%
NASDAQ 4,532.2930 -16.9330 -0.37%

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs