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.
AK Steel Holding is a American stock, trading under the symbol AKS-N on the New York Stock Exchange (AKS). It is usually referred to as NYSE:AKS or AKS-N
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In the last year 0 stock analysts on Stockchase covered AK Steel Holding. The stock is worth watching.
On 2020-03-12, AK Steel Holding (AKS-N) stock closed at a price of $1.59.