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BidaskClub downgraded Timkensteel Corp (NYSE:TMST) to Hold in a report released today.

BidaskClub has downgraded Timkensteel Corp (NYSE:TMST) to Hold in a report released on 7/08/2017.

Yesterday Timkensteel Corp (NYSE:TMST) traded -2.50% lower at $14.38. The company’s 50-day moving average is $15.55 and its 200-day moving average is $16.26. The last stock close price is down -4.13% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 457,914 shares of the stock were exchanged, up from an average trading volume of 410,014

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Timkensteel Corp (NYSE:TMST)

Timkensteel Corp has a one year low of $8.36 and a one year high of $23.00 Timkensteel Corp’s market capitalization is presently $0.

A total of 3 brokerages have issued a ratings update on Timkensteel Corp. zero brokerages rating the company a strong buy, one brokerage rating the company a buy, four brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $11.33.

General Company Details For Timkensteel Corp (NYSE:TMST)

TimkenSteel Corporation manufactures alloy steel, as well as carbon and micro-alloy steel. The Company's portfolio includes special bar quality (SBQ) bars, seamless mechanical tubing and precision steel components. In addition, the Company supplies machining and thermal treatment services, as well as manage raw material recycling programs, which are used as a feeder system for its melt operations. The Company's products include SBQ Steel and Seamless Mechanical Steel Tubing, and Value-added Precision Products and Services. Its focus is on alloy steel. The Company manufactures carbon, micro-alloy and alloy steel, sold as ingots, bars and tubes. In addition to its customized steels, the Company also manufactures custom-make precision components. Its products and services are used in a range of demanding applications in the market sectors, such as oil and gas, industrial equipment, mining and power generation.

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