Analysts Swing to Diverse Views for AK Steel Holding Corporation (AKS), Profire Energy, Inc. (PFIE)

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 Earnings Surprise

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.

Profire Energy, Inc. (PFIE) Consensus Price Target

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.

Profire Energy, Inc. (NASDAQ:PFIE) Intraday Trading

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.