NYSE:AKS

AK Steel Holding (AKS)

1.59
-0.00 (0.00%)
as of Mar 12, 2020, 8:29:59 pm Market Open.
0 watching
0
DON'T BUY
Unpredictable and cyclical industry. He avoids steel. We're late in the cycle so it's dangerous. He prefers Stelco for its cleaner balance sheet.
COMMENT

They raised money last fall at $9-10 and it popped. They are affected by Steel prices. 50% is auto. He likes the company. There is a trade case to put tariffs on imported steel which should benefit them as steel prices are lower coming from China based on the stronger US dollar. These tariffs should benefit them. A good risk reward ratio.

SELL

This is a highly leveraged steel company, and the steel business has been pretty bad. (He owns their bonds.) With a highly leveraged commodity player like this, he would suggest that you take your profit and run.

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AK Steel Holding (AKS) Frequently Asked Questions

What is AK Steel Holding stock symbol?

AK Steel Holding is a American stock, trading under the symbol AKS (previously AKS-N on Stockchase) on the New York Stock Exchange (AKS). It is usually referred to as NYSE:AKS or AKS

Is AK Steel Holding a buy or a sell?

In the last year, there was no coverage of AK Steel Holding published on Stockchase.

Is AK Steel Holding a good investment or a top pick?

AK Steel Holding was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for AK Steel Holding.

Why is AK Steel Holding stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.

Is AK Steel Holding worth watching?

In the last year 0 stock analysts on Stockchase covered AK Steel Holding. The stock is worth watching.

What is AK Steel Holding stock price?

On 2020-03-12, AK Steel Holding (AKS) stock closed at a price of $1.59.