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Stocks at the Basic Materials Sector – AK Steel Holding Corporation (NYSE:AKS), United States Steel Corporation (NYSE:X).

on 12/02/2013

NEW YORK, February 12, 2013 — (Net PR News) Steel & Iron and Industry of the Basic Materials Sector’s stocks under review were showing bullish moment during the previous trading session. AK Steel Holding Corporation (NYSE:AKS) remained a hot stock and top volume gainer in the Steel & Iron and Industry and another stock of the Basic Materials Sector, United States Steel Corporation (NYSE:X), was in the news during prior trade.

AK Steel Holding Corporation (NYSE:AKS) declared its fourth quarter of 2012’s common stock net loss of $230.4 million, or $1.89 per diluted share, versus its fourth quarter of 2011’s common stock net loss of $193.9 million, or $1.76 per diluted share.

AK Steel Holding Corporation (NYSE:AKS) ended its day with the gain of 2.91% and closed at the price of $4.24 after opening at $4.11. Stock traded during its last trading session with the total volume of 4.60 million shares, as compared to its average volume of 6.99 million shares.

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During the previous session, the company’s minimum price was $4.07, while it touched its highest price for the day at $4.25. AKS’s beta value stands at 2.53 points. During the last one month, the company plunged -9.4% while its last 5 days shows a climb of 5.74%.

United States Steel Corporation (NYSE:X) reported that its Board of Directors announced a dividend priced at five cents per share. The dividend is payable March 8, 2013, to stockholders of record at the close of business February 12, 2013.

United States Steel Corporation was showing an upward trend during the previous trading session, United States Steel Corporation (NYSE:X) reported the increase of 0.27% to close at $22.53 with the overall traded volume of 3.77 million shares.

How Should Investors Trade United States Now? Don’t Trade United States Until You Read This TREND ANALYSIS REPORT

United States Steel Corporation (NYSE:X) has the total of 144.28 million outstanding shares. During last trade, the company’s minimum price was $22.30 while it touched its highest price of $22.68. Its market capitalization was $3.25 billion. Its beta value stands at 2.37 times and earnings per share was $-0.96. The Company’s year to date performance remained pessimistic with the plunge of -5.53%. If we look at its last 6 months of trade, that is in the bearish zone with the drop of -3.76%.

How Should Investors React To United States Steel Now? Find Out In This TREND ANALYSIS REPORT

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Source: Fast Moving Stock Posted Tue, February 12, 2013 13:42 - Permalink