Don’t Miss The True Potential: AK Steel Holding Corporation (AKS), American Express Company (AXP)

AK Steel Holding Corporation (NYSE:AKS) popped in on a low volume green day. Volume on 13-Nov-17 came in at 8.56 million contracts. The daily trading volume has averaged 16.54 million shares a day in past 3 months. The first sale was made at $4.2 but later the stock became weaker, and closed with a gain of 1.65%. It was last traded at $4.3 apiece.

AK Steel Holding Corporation (AKS): Outperform Candidate With 30.47% Upside Potential

AK Steel Holding Corporation is maintained at an average outperform rating by 12 stock analysts, and there are at least 15.88% of shares outstanding that are currently legally short sold. The shares went down by -25.86% in value last month. Year-to-date it plunged -57.88%. Analysts are turning out to be more optimistic than before, with 4 of analysts who cover AK Steel Holding Corporation (NYSE:AKS) advice adding it to buy candidate list. Wall Street experts also assign a $5.61 price target on AK Steel Holding Corporation, pointing towards a 30.47% rally from current levels. The stock is trading for about -62.25% less than its 52-week high.

AK Steel Holding Corporation Reports -2.13% Sales Growth

AK Steel Holding Corporation (AKS) remained unsuccessful in beating the consensus-estimated $0.04 as it actually earned 0 per share in its last reported financial results. Revenue, on the other hand, scored -2.13% growth from the previous quarter, coming up with $1.52 billion.

AKS Retreats -1.15% In A Week

This company shares (AKS) so far managed to recover 6.17% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 2.72% while shortening the period to a week, volatility was 4.92%. The share price has yet to cross its 20 days moving average, floating at a distance of -17.7% and sits -21.16% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned -1.15% losses and is down by -32.3% compared with its 200-day moving average of $5.76. Also, AK Steel Holding Corporation (AKS) needs to overturn a -42.67% decrease it experienced over the past twelve months.

American Express Company (NYSE:AXP) Consensus Call At 2.5

As regular trading ended, American Express Company (AXP) stock brought in a $0.38 rise to $93.9. The day started at a price of $93 but then traded as high as $93.98 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.5. American Express Company is given 7 buy-equivalent recommendations, 0 sells and 16 holds. The company shares sank -3.1% from their peak of $ 96.90 and now has a $81.71 billion market value of equity.

American Express Company Could Grow 1.48% More

AXP’s mean recommendation on Reuter’s scale slipped from 2.47 thirty days ago to 2.45 now, which indicates a hold consensus from the analyst community. They see American Express Company (AXP) price hitting a mean target of $95.29 a share, meaning the stock still has potential that could lift the price another 1.48% Also, the recent close suggests the stock is underpriced by 13.95% compared to the most bullish target.

American Express Company (AXP) Returns 26.75% This Year

The company had seen its current volume reaching at 2.71 million shares in the last trade. That compares with the recent volume average of 3.18 million. At the close of regular trading, its last week’s stock price volatility was 1.32% which for the month reaches 1.25%. American Express Company dipped to as low as $92.78 throughout the day and has returned 26.75% in this year. At one point in the past year, the shares traded as low as $69.65 but has recovered 34.82% since then.

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