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AK Steel Holding Corporation (NYSE:AKS) has been upgraded to Buy in a statement by Clarkson Capital earlier today.

Boasting a price of $6.03, AK Steel Holding Corporation (NYSE:AKS) traded 0.53% higher on the day. With the last stock price close down -10.08% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. AK Steel Holding Corporation has recorded a 50-day average of $5.49 and a two hundred day average of $6.27. Volume of trade was down over the average, with 11,522,961 shares of AKS changing hands under the typical 18,006,200

Clarkson Capital has upgraded AK Steel Holding Corporation (NYSE:AKS) to Buy in a statement released on 5/25/2017.

Performance Chart

AK Steel Holding Corporation (NYSE:AKS)

With a total market value of $0, AK Steel Holding Corporation has price-earnings ratio of 14.76 with a one year low of $4.38 and a one year high of $11.39 .

A total of 12 equity analysts have released a research note on AKS. zero equity analysts rating the company a strong buy, three equity analysts rating the company a buy, eight equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $4.48.

More About AK Steel Holding Corporation (NYSE:AKS)

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. These operations produce flat-rolled carbon, specialty stainless and electrical steels that it sells in sheet and strip form, and carbon and stainless steel that it finishes into welded steel tubing. It also produces metallurgical coal through its subsidiary, AK Coal Resources, Inc. In addition, the Company operates trading companies in Mexico and Europe that buy and sell steel and steel products and other materials.

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