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Steel & Iron Front Runners: (NYSE:X), (NYSE:AKS), (NYSE:NUE), (NASDAQ:STLD)

on 04/02/2013

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Stocks that are being watched this morning are: X, AKS, NUE, STLD

United States Steel Corporation (NYSE:X) gained the volume of 8.54 million shares, compared to average trading capacity of 7.47 million shares. United States Steel started the trading session at $22.70, hit the superior price edge of $22.75 and closed the session at $22.38, by showing the upward trend of +0.13%.  United States Steel has market capitalization of $3.23 billion. Its current ratio is 1.73.

How Should Investors Trade “X” Now? Don’t Trade X Until You Read This TREND ANALYSIS REPORT

United States Steel Corporation (NYSE:X) has updated that the Company’s Board has affirmed a dividend of five cents for each share on the Company’s common stock. The Company will make payment of this dividend on March 8, 2013, to share holders of record at the finish of business activity on February 12, 2013.

AK Steel Holding Corporation (NYSE:AKS) remained among the Steel & Iron industry front runners and traded with volume of 6.06 million shares, while the average trading volume remained 7.36 million shares.  AKS showed an upward trend of +2.25% on February 1, 2013 and closed the trading session at $4.09. AKS’s EPS for this year remained -20.49%, while its shares floated in the market was 131.06 million. Its institutional ownership was 46.05%. Shares of the Company were moving down from SMA50 -5.30%, while its YTD performance was -11.09%. The quarterly trend of the stock was -18.85%.

Get A Free Report And Detailed Analysis On AKS CLICK HERE To Read

Nucor Corporation (NYSE:NUE) has reported consolidated net earnings of $1.58 for each diluted share, or $504.6 million, for the complete year 2012, vs. consolidated net earnings of $2.45 for each diluted share or $778.2 million, for the complete year 2011.

Is NUE A Solid Investment At These Levels? Find Out Exactly Where NUE Is Headed With This TREND ANALYSIS REPORT

Nucor Corporation (NYSE:NUE) remained among the eye catching Steel & Iron industry stocks. The trading volume on February 1, 2013 was 2.60 million shares and the average volume remained 2.52 million shares. The company has price to book ratio of 1.96, while price to sales ratio was 0.75. Institutional ownership remained 75.48% while average true range of the stock remained 0.83.

Steel Dynamics, Inc. (NASDAQ:STLD) has reported its Q4 2012 net income of $61 million, or $0.27 for each diluted share, versus Q4 of 2011 net income of $30 million, or $0.14 for each diluted share.

Get A Free Report And Detailed Analysis On STLD CLICK HERE To Read

One more volume gainer of the Steel & Iron industry was Steel Dynamics, Inc. (NASDAQ:STLD), as Friday’s volume was 2.15 million shares vs. average volume, which was 2.62 million shares. STLD advanced +1.25% to close the session at $15.40.  The monthly and quarterly performances of the stock were in the green and it advanced +7.84% and +22.71%, respectively.


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Source: anotherwinningtrade Posted Mon, February 04, 2013 13:51 - Permalink