Shares of AK Steel Holding Corporation (NYSE:AKS) opened at $4.62, and ended -1.52% lower at $4.54. Nearly 12.22 million shares were traded by the close, lower than its average daily volume of 12.65 million shares.AK Steel Holding Corporation (AKS) Analyst Opinion
AK Steel Holding Corporation has a consensus hold rating from 13 Wall Street analysts, and the number of shares currently sold short amount to at least 26.19% of shares outstanding. The stock sank -5.42% last month and is down -19.79 this year. Wall Street is only getting neutral on the stock, with 3 of analysts who cover AKS having a buy-equivalent rating. Analysts have placed a $5.6 price target on AK Steel Holding Corporation, suggesting a 23.35% gain from recent close. It’s currently trading about -34.01% below its 52-week high.
AK Steel Holding Corporation (AKS) surprised the stock market in its last reported earnings when it earned $0.09 a piece versus the consensus-estimated $0.01. Its revenue totaled $1.57 billion up 4.91% from the previous quarter.AK Steel Holding Corporation (NYSE:AKS) Intraday View
This stock (AKS) is ahead of its 52-week low with 13.5%. Its last month’s stock price volatility remained 3.32% which for the week stands at 3.89%. The share price has moved backward from its 20 days moving average, trading at a distance of -0.56% and stays -0.71% away from its 50 days moving average. Over the last five days, shares have faced -0.44% losses and now is down -10.44% since hitting its 200-day moving average of $5. AK Steel Holding Corporation (AKS) has made its way to a 12-month decline of -30.15%.
Turning to Profire Energy, Inc. (NASDAQ:PFIE), its shares were trading at $3.53 a retreat of $-0.17, on the trading floor. The stock, after opening at $3.66, touched a high of $3.695 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2. Profire Energy, Inc. has 0 buy ratings, 0 holds and 0 sells even after the stock tumbled -33.4% from its high of $5.30 to a $171.45 million market value through last close.
The company’s consensus rating on Reuter’s scale remained unchanged from 2 to 2 during a month. Analysts set a 12-month price target of $5.28 a share. The target implies a 49.58% spike from where the shares are currently trading. Also, the current price highlights a discount of 98.3% to analysts’ high consensus price target.
The counter witnessed a trading volume of 0.69 million shares versus an average volume of 0.77 million shares during last trading session. Its last month’s stock price volatility remained 4.78% which for the week approaches 7.26%. The lowest price the stock reached in the last trading day was $3.5 and compares with the $1.19 52-week low. The stock recovered 196.64% since its low point and has performed 83.85% year-to-date.