Somewhat Positive News Coverage Somewhat Unlikely to Impact AK Steel (AKS) Share Price

Media headlines about AK Steel (NYSE:AKS) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. AK Steel earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned news coverage about the basic materials company an impact score of 47.5710159982099 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:

AKS has been the subject of a number of research analyst reports. BMO Capital Markets reaffirmed a “hold” rating on shares of AK Steel in a research note on Thursday, November 2nd. Zacks Investment Research raised shares of AK Steel from a “sell” rating to a “hold” rating in a research note on Wednesday, November 22nd. ValuEngine raised shares of AK Steel from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 22nd. Citigroup reduced their target price on shares of AK Steel from $7.00 to $5.00 and set a “neutral” rating for the company in a research note on Thursday, November 2nd. Finally, J P Morgan Chase & Co reduced their target price on shares of AK Steel from $8.00 to $6.00 and set a “neutral” rating for the company in a research note on Wednesday, November 1st. Ten equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $7.38.

AK Steel (AKS) opened at $5.03 on Thursday. AK Steel has a one year low of $4.00 and a one year high of $11.39. The company has a debt-to-equity ratio of 11.89, a current ratio of 1.92 and a quick ratio of 0.75. The firm has a market cap of $1,561.80, a price-to-earnings ratio of 7.63, a P/E/G ratio of 3.99 and a beta of 2.89.

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AK Steel Company Profile

AK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its subsidiary, AK Steel Corporation (AK Steel). The Company also operates blast furnaces and electric arc furnaces. As of December 31, 2016, its operations included eight steelmaking and finishing plants, two coke plants and two tube manufacturing plants across states, including Indiana, Kentucky, Michigan, Ohio, Pennsylvania and West Virginia, and a tube manufacturing plant in Mexico.

Insider Buying and Selling by Quarter for AK Steel (NYSE:AKS)

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