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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

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 2.3%. By the end of trading, AK Steel Holding Corporation fell 57 cents (-8.8%) to $5.87 on heavy volume. Throughout the day, 21.9 million shares of AK Steel Holding Corporation exchanged hands as compared to its average daily volume of 7.6 million shares. The stock ranged in price between $5.80-$6.73 after having opened the day at $6.45 as compared to the previous trading day's close of $6.44. Other companies within the Metals & Mining industry that declined today were: Golden Minerals ( AUMN), down 16.5%, Silver Bull Resources ( SVBL), down 6.6%, China Shen Zhou Mining & Resources ( SHZ), down 5.6%, and L & L Energy ( LLEN), down 4.6%.
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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 $672.5 million and is part of the basic materials sector. Shares are down 22% year to date as of the close of trading on Thursday. Currently there are four analysts that rate AK Steel Holding Corporation a buy, five analysts rate it a sell, and four 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, Uranium Resources ( URRE), up 21.1%, Atlatsa Resources ( ATL), up 18.8%, USEC ( USU), up 17.8%, and Avalon Rare Metals ( AVL), up 15.7%, 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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