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
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
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
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
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