NEW YORK, November 1, 2016 /PRNewswire/ --
Companies in the Steel and Iron industry manufacture pig iron, steel, and ferroalloys, as well as basic steel shapes, such as bars, plates, rods, sheets, strips and wire or form pipes and tubes. This morning, Stock-Callers.com turns its focus on the following equities: Companhia Siderurgica Nacional (NYSE: SID), Commercial Metals Co. (NYSE: CMC), Reliance Steel & Aluminum Co. (NYSE: RS), and TimkenSteel Corp. (NYSE: TMST). Download the free research reports on these stocks today:
Companhia Siderurgica Nacional
Sao Paulo, Brazil headquartered Companhia Siderurgica Nacional's shares declined 0.30%, closing Monday's trading session at $3.37. The stock recorded a trading volume of 3.55 million shares, which was above its three months average volume of 2.12 million shares. Shares of the Company have advanced 22.10% in the last month, 10.86% in the previous three months, and 243.88% on an YTD basis. The stock is trading 16.42% above its 50-day moving average and 37.37% above its 200-day moving average. Additionally, shares of Companhia Siderurgica Nacional, which operates as an integrated steel producer in Brazil, have a Relative Strength Index (RSI) of 63.84. See our free and comprehensive research report on SID at:
On Monday, shares in Irving, Texas headquartered Commercial Metals Co. recorded a trading volume of 1.86 million shares, which was above their three months average volume of 1.30 million shares. The stock rose 1.49%, ending the day at $15.71. The Company's shares have advanced 17.46% since the start of this year. The stock is trading below its 50-day moving average by 0.48%. Furthermore, shares of Commercial Metals, which manufactures, recycles, and markets steel and metal products, and related materials and services in the US and internationally, have an RSI of 47.05.
On October 27th, 2016, Commercial Metals reported that for Q4 FY16 earnings from continuing operations were $1.0 million, or $0.01 per diluted share, on net sales of $1.2 billion compared to $12.2 million, or $0.11 per diluted share, on net sales of $1.4 billion for Q4 FY15. Adjusted operating profit from continuing operations was $2.1 million for Q4 FY16 compared to $38.2 million for Q4 FY15. Including cash and available credit facilities, liquidity was approximately $1.1 billion at August 31st, 2016. CMC free research report PDF is just a click away at:
Reliance Steel & Aluminum
Los Angeles, California headquartered Reliance Steel & Aluminum Co.'s stock finished the day 2.23% higher at $68.78. A total volume of 703,012 shares was traded, which was above their three months average volume of 575,740 shares. The Company's shares have gained 20.84% on an YTD basis. The stock is trading below its 200-day moving average by 1.55%. Additionally, shares of Reliance Steel & Aluminum, which operates as a metals service center company, have an RSI of 46.09.
On October 20th, 2016, Reliance Steel & Aluminum reported that sales were $2.19 billion for Q3 2016, down 4.4% from $2.29 billion in Q3 2015. Tons sold were down 2.7% from Q3 2015, with the average selling price per ton sold down 1.8% from Q3 2015. Net income attributable to Reliance was $49.5 million in Q3 2016 compared to $51.4 million in Q3 2015. Earnings per diluted share were $0.68 in the reported quarter compared to $0.69 in Q3 2015. Sign up for your complimentary report on RS at:
Shares in Canton, Ohio headquartered TimkenSteel Corp. ended yesterday's session 1.49% higher at $10.25. The stock recorded a trading volume of 398,779 shares. The Company's shares have advanced 19.05% in the previous three months and 22.32% since the start of this year. The stock is trading 3.19% above its 50-day moving average and 7.77% above its 200-day moving average. Moreover, shares of TimkenSteel, which manufactures and sells alloy steel, and carbon and micro-alloy steel products worldwide, have an RSI of 48.82.
On October 27th, 2016, TimkenSteel reported Q3 2016 net sales of $213.8 million and a net loss of $16.6 million ($0.38) per share, including after-tax pension settlement expense of $3.4 million. This compares with net sales of $232.7 million and a net loss of $30.8 million ($0.69) per share in Q3 2015. Cash generated from operating activities was $7.5 million for Q3 2016. EBITDA for Q3 2016 was a loss of $3.7 million, including $5.4 million of pre-tax pension settlement expense. Register for free on Stock-Callers.com and download the latest research report on TMST at:
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