LONDON, November 17, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: AK Steel Holding Corporation ( NYSE: AKS), United States Steel Corporation ( NYSE: X), Gerdau S.A. ( NYSE: GGB), Steel Dynamics Inc. (NASDAQ: STLD), and Reliance Steel and Aluminum Company ( NYSE: RS). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Friday, November 14, 2014, ended on a mixed note as the Dow Jones Industrial Average finished at 17,634.74, down 0.10% and the NASDAQ Composite closed at 4,688.54, up 0.18%. The S&P 500 finished the session 0.02% higher at 2,039.82. During the trading session, six out of ten sectors finished on a higher note. The S&P 500 Materials Sector Index ended the day at 309.43, up 0.32%, with the index advancing 5.37% in the last one month. Register for your complimentary reports on these five stocks at:
AK Steel Holding Corp.'s stock surged 3.48%, to close the day at $6.54. The stock recorded a trading volume of 11.03 million shares, below its three months average volume of 14.16 million shares. The company's shares oscillated between $6.20 and $6.68 during the session. Over the last three trading sessions and over the past one month, AK Steel Holding Corp.'s shares have gained 3.48% and 19.34%, respectively. However, the stock has 31.80% in the previous three months and 20.24% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. AK Steel Holding Corp.'s 200-day moving average of $7.57 is above its 50-day moving average of $7.53. Additionally, the stock traded at a PE ratio of 720.42 and has a Relative Strength Index (RSI) of 44.80. Sign up and read the free notes on AKS at:
On Friday, shares in United States Steel Corp. recorded a trading volume of 6.78 million shares, lower than its three months average volume of 8.32 million shares. The stock ended the day at $36.24, which was 2.81% above its previous day's closing of $35.25, and registered an intraday range of $34.64 and $36.31. Shares of the company traded at a PE ratio of 6.27. United States Steel Corp.'s shares have gained 3.37% in the previous three trading sessions, 10.15% in the last one month, and 22.85% on YTD basis. The stock is trading above its 200-day moving average of $30.28, which is below the 50-day moving average of $37.87. Furthermore, shares of United States Steel Corp. have an RSI of 48.47. The complimentary notes on X can be downloaded as in PDF format at:
Gerdau S.A.'s stock fell 0.95% to end Friday's session at $4.19, hitting a new 52-week low of $4.13. The stock recorded a trading volume of 9.01 million shares, above its three months average volume of 6.94 million shares. The company's shares fluctuated between $4.13 and $4.27 during the session. Gerdau S.A.'s shares have declined 46.56% since the beginning of 2014. Further, the stock has lost 4.34% in the previous three trading sessions and 10.09% over the last one month. The stock is trading below its 50-day and 200-day moving averages. Gerdau S.A.'s 200-day moving average of $5.82 is above its 50-day moving average of $4.81. Additionally, the stock has an RSI of 32.73. Register for free on Investor-Edge and access the latest research on GGB at:
On Friday, shares in Steel Dynamics Inc. fluctuated between $22.08 and $22.76 before ending the session 1.75% higher at $22.74. The stock reported a trading volume of 2.61 million shares, lower than its three months average volume of 3.92 million shares. Shares of the company traded at a PE ratio of 19.07. Steel Dynamics Inc.'s stock has gained 2.55% in the previous three trading sessions, 12.05% in the last one month, and 16.35% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $22.44 and $19.70, respectively. Moreover, shares of Steel Dynamics Inc.'s have an RSI of 57.02. The complete research on STLD is available for free at:
Reliance Steel and Aluminum Co.'s stock finished Friday's session 0.62% higher at $64.42. A total of 0.88 million shares were traded, which was above its three months average volume of 0.58 million shares. The stock vacillated between $63.61 and $64.55 during the session. Over the last one month, Reliance Steel and Aluminum Co.'s shares have advanced 4.27%. However, in the past three months and since the beginning of 2014, the stock has fallen by 5.54% and 15.06%, respectively. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $70.09 is greater than its 50-day moving average of $66.91. Reliance Steel and Aluminum Co.'s stock traded at a PE ratio of 13.52 and has an RSI of 43.71. Free in depth research on RS is available at:
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