Stock’s Active Momentum – Steel Dynamics, Inc. (NASDAQ:STLD), Nucor Corporation (NYSE:NUE).
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The worthwhile stocks of the Steel & Iron industry of the Basic Materials sector are in today’s spotlight, which scored heavy volume and were moving down during the prior trading session. The active stocks were Steel Dynamics, Inc. (NASDAQ:STLD), which remained a high volume stock in its industry and Nucor Corporation (NYSE:NUE), which gained traders attention mainly due to superb trade.
Steel Dynamics, Inc. (NASDAQ:STLD) reported its net income remained $48 million, or $0.21 per diluted share, on net sales of $1.8 billion, for the first quarter of 2013, in comparison of the year ago same duration of $46 million, or $0.20 per diluted share, on net sales of $2.0 billion.
Is STLD a Solid Investment at These Levels? Read This Report For Details
Steel & Iron company moving downward during prior trade, Steel Dynamics, Inc. (NASDAQ:STLD) closed at the price of $14.70, after opening at $14.80. Stock traded during its last trading session with the total volume of 2,437,200 shares, as compared to its average volume of 2.78 million shares.
During the previous session, the company’s minimum price was $14.56, while it touched its highest price for the day at $14.84. STLD’s beta value stands at 1.88 points, while its earning per share was $0.72. During the last one month, the company declined -7.4%, while its last 5 days shows an upsurge of 2.3%.
How Should Investors Trade STLD Now? Don’t Miss out on a Special Trend Analysis
Nucor Corporation (NYSE:NUE) revealed its consolidated net earnings for the first quarter of 2013 remained $84.8 million, or $0.26 per diluted share, in comparison of the last year same period of $145.1 million, or $0.46 per diluted share.
What NUE’s Charts Are Signaling for Traders? Find Out Here
Nucor Corporation (NYSE:NUE) reported the decrease of -1.50% to close at $42.79 with the overall traded volume of 1,964,900 shares. Its market capitalization was $13.59 billion.
Its beta value stands at 1.10 times and Nucor’s earnings per share was $1.39. Nucor Corporation (NYSE:NUE) has the total of 317.68 million outstanding shares. During last trade, the company’s minimum price was $42.68, while it touched its highest price of $43.45.
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