AK Steel Holding Corporation (AKS) climbed 4.41% during last trading as the stock added $0.37 to finish the day at $8.76 with about 36.67M shares changing hands, compared to its three month average trading volume of 22.42M. The $2.84B market cap company, which fluctuated between $8.37 and $8.81 during the day, currently situated 315.17% above its 52 week low of $2.19 and -23.09% away from its one year high of $11.39. The RSI of 48.72 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
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.
United States Steel Corporation (X) gained $2.11 to close the day at a new closing price of $39.71, a 5.61% increase in value from its previous closing price that moved the stock 500.4% above its 52 week low of $6.94. A total of 25.67M shares exchanged hands during the day compared with its three month average trading volume of 18.03M. The stock, which fluctuated between $38.58 and $40.39 during the day, currently situated 1.61% above its 52 week high. The stock is up by 21.17% in the past one month and up by 61.27% over the past three months. With a one year target estimate of $34.13 and RSI of 66.64, the stock still has upside potential, making it a hold for now.
United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.
Plug Power Inc. (PLUG) had a light trading with around 24.6M shares changing hands compared to its three month average trading volume of 4.13M. The stock traded between $1.06 and $1.31 before closing at the price of $1.1 with -6.78% change on the day. The Latham New York 12110 based company is currently trading 32.53% above its 52 week low of $0.83 and -51.75% below its 52 week high of $2.28. Both the RSI indicator and target price of 50.28 and $2.26 respectively, lead us to believe that it should be put on hold over the coming weeks.
Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of fuel cell systems for the material handling and stationary power market in the United States. The company focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies. Its product line includes GenKey, a turn-key solution for transitioning material handling vehicles to fuel cell power; GenDrive, a hydrogen fueled PEM fuel cell system that provides power to material handling vehicles; GenFuel, a hydrogen fueling delivery system; GenCare, which is an ongoing maintenance program for GenDrive fuel cells and GenFuel products; ReliOn, a stationary fuel cell solution that provides scalable and modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; and GenFund, which offers financing solutions to customers. The company sells its products to businesses and government agencies through direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.