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Trader Alert: Twilio Inc. (TWLO), JPMorgan Chase & Co. (JPM), AK Steel Holding Corporation (AKS)

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Twilio Inc. (TWLO) grew with the stock adding 15.61% or $4.67 to close at $34.59 on light trading volume of 11.53M compared its three months average trading volume of 5.51M. The San Francisco California 94107 based company has been trending down for the last 52 weeks, with the shares price now 0% down for the period and up by 20.15% so far this year. With price target of $38.17 and a 46.2% rebound from 52-week low, Twilio Inc. has plenty of upside potential, making it a hold with a view buy.

Twilio Inc. provides cloud communications platform that enables developers to build, scale, and operate communications within software applications through the cloud as a pay-as-you-go service in the United States and internationally. It offers programmable communications cloud software that enables developers to embed voice, messaging, video, and authentication capabilities into their applications through application programming interfaces. The company also provides use case products, such as a two-factor authentication solution. Twilio Inc. was founded in 2008 and is headquartered San Francisco, California.

JPMorgan Chase & Co. (JPM) gained $0.22 to close the day at a new closing price of $86.75, a 0.25% increase in value from its previous closing price that moved the stock 68.98% above its 52 week low of $52.5. A total of 11.5M shares exchanged hands during the day compared with its three month average trading volume of 17.7M. The stock, which fluctuated between $86.03 and $86.81 during the day, currently situated 0.24% above its 52 week high. The stock is up by 11.15% in the past one month and up by 29.66% over the past three months. With a one year target estimate of $81.66 and RSI of 77.77, the stock still has upside potential, making it a sell for now.

JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management segments. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment services, payment processing services, auto loans and leases, and student loans. The Corporate & Investment Bank segment provides investment banking products and services, including advising on corporate strategy and structure, capital-raising in equity and debt markets, as well as loan origination and syndication; treasury services, such as cash management and liquidity solutions; and cash securities and derivative instruments, risk management solutions, prime brokerage, and research services. It also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The Commercial Banking segment offers financial solutions, including lending, treasury, investment banking, and asset management to corporations, municipalities, financial institutions, and nonprofit entities, as well as financing to real estate investors and owners. The Asset Management segment provides investment and wealth management services across various asset classes, such as equities, fixed income, alternatives, and money market funds; multi-asset investment management services; retirement services; and brokerage and banking services comprising trusts, estates, loans, mortgages, and deposits. It has a strategic relationship with InvestCloud for the development of new digital capabilities for individual investors. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.

AK Steel Holding Corporation (AKS) shares were down in last trading by -0.55% to $10.89. It experienced lighter than average volume on day. The stock increased in value by almost 4.81% over the past week and grew 35.62% in the past month. It is currently trading 44.49% above its 50 day moving average and 102.36% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -4.39% decrease in value from its one year high of $11.39. The RSI indicator value of 70.82, lead us to believe that it may reverse gains in the near term.

AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, including coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms. The company also produces carbon and stainless steel that is finished into welded steel tubing, which is used in the automotive, large truck, industrial, and construction markets; buys and sells steel and steel products, and other materials; and produces metallurgical coal from reserves in Pennsylvania. It sells its flat-rolled carbon steel products primarily to automotive manufacturers and to customers in the infrastructure and manufacturing markets, including electrical transmission, heating, ventilation and air conditioning equipment, and appliances; and coated, cold-rolled, and hot-rolled carbon steel products to distributors, service centers, and converters. The company sells its stainless steel products to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It also sells electrical steel products to manufacturers of power transmission and distribution transformers, as well as for use in the manufacture of electrical motors and generators. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio.

 

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