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This Morning's Research Reports on Stocks to Monitor -- Kronos Worldwide, Worthington Industries, Commercial Metals, and AK Steel


News provided by

Wall St. Equities

Dec 01, 2017, 05:40 ET

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NEW YORK, Dec. 1, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on KRO, WOR, CMC, and AKS which is a click away at www.wallstequities.com/registration. This morning, WallStEquities.com presents for evaluation Kronos Worldwide Inc. (NYSE: KRO), Worthington Industries Inc. (NYSE: WOR), Commercial Metals Co. (NYSE: CMC), and AK Steel Holding Corp. (NYSE: AKS). On November 09th, 2017, Charles Schwab gave the Basic Materials sector a "Market Perform" rating, saying that the commodity price declines seen over the past couple of years may be ending, with global monetary policies helping to arrest the fall. The report further noted that a positive economic picture in the US, as well as an improving European economy, are potential tailwinds for the sector. Wall St. Equities' downloadable free reports on these stocks are available at: www.wallstequities.com/registration

Kronos Worldwide
Dallas, Texas headquartered Kronos Worldwide Inc.'s stock finished Thursday's session 0.54% higher at $27.91. A total volume of 584,000 shares was traded, which was above their three months average volume of 432,100 shares. The Company's shares have advanced 6.08% in the past month, 33.35% in the previous three months, and 133.75% since the start of this year. The stock is trading 8.66% above its 50-day moving average and 39.85% above its 200-day moving average. Additionally, shares of Kronos Worldwide, which produces and markets titanium dioxide pigments in Europe, North America, Asia/Pacific, and internationally, have a Relative Strength Index (RSI) of 57.87.  

On November 08th, 2017, Kronos Worldwide reported its results for Q3 and first nine months of 2017. For Q3 2017, net income was $73.8 million, net sales were $464.5 million, and EBITDA was $102.5 million. For the first nine months of 2017, net income was $307.1 million, net sales were $1.276 billion, and EBITDA was $245.4 million. The free report on KRO can be accessed at: www.wallstequities.com/registration/?symbol=KRO

Worthington Industries
On Thursday, shares in Columbus, Ohio headquartered Worthington Industries Inc. recorded a trading volume of 374,679 shares. The stock ended the session 0.41% lower at $41.60. The Company's shares are trading 6.34% below their 50-day moving average. Moreover, shares of Worthington Industries, which focuses on value-added steel processing and manufactured metal products in the US, Austria, Canada, Mexico, Poland, Portugal, and Turkey, have an RSI of 44.29.

On November 20th, 2017, Worthington Industries announced that the Company's Worthington Armstrong Venture (WAVE), a global leader in ceiling suspension systems solutions, has agreed to sell its business and operations in Europe, Middle-East, Africa, and Asia to Knauf Group, a family-owned manufacturer of building materials headquartered in Germany. It is part of a broader transaction with Armstrong World Industries, the other partner in the WAVE joint venture. Download our actionable research report on WOR at: www.wallstequities.com/registration/?symbol=WOR

Commercial Metals
Irving, Texas headquartered Commercial Metals Co.'s shares closed the day 0.86% higher at $19.84. The stock recorded a trading volume of 1.25 million shares. The Company's shares have gained 1.85% in the last month and 5.03% over the previous three months. The stock is trading 2.37% and 4.27% above its 50-day and 200-day moving averages, respectively. Additionally, 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 61.91.  

On November 27th, 2017, Commercial Metals announced that Barbara Smith, President and CEO, will also become Chairman of the Board, effective January 11th, 2018. Ms. Smith has been a director since her promotion to CEO on September 01st, 2017. Mr. Joseph Alvarado, current Chairman, will be retiring from the Board, and Mr. Richard Kelson will continue as the Company's Lead Director. Register for your free report coverage on CMC at: www.wallstequities.com/registration/?symbol=CMC

AK Steel Holding
Shares in West Chester, Ohio headquartered AK Steel Holding Corp. finished 0.41% lower at $4.87. The stock recorded a trading volume of 13.18 million shares. The Company's shares have advanced 6.10% in the last one month. The stock is trading below its 50-day moving average by 6.09%. Furthermore, shares of AK Steel, which through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless, and electrical steels and tubular products in the US and internationally, have an RSI of 51.01.  

On November 16th, 2017, AK Steel announced that it will increase current spot market base prices for all carbon flat-rolled steel products by a minimum of $30 per ton, effective immediately with new orders.

On November 21st, 2017, research firm Credit Suisse upgraded the Company's stock rating from 'Neutral' to 'Outperform'. Get the free research report on AKS at: www.wallstequities.com/registration/?symbol=AKS

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

WSE has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY

WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/

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