NYSE Most determined Stocks: Sprint (NYSE:S), AT&T (NYSE:T), Verizon Communications (NYSE:VZ), AK Steel Holding (NYSE:AKS)

Posted by on Apr 14, 2014

Internet has changed the world of people and it has stayed an important turning point for many of the companies providing the wireless network services. Sprint Corporation (NYSE:S) has always kept pace with the changing times and is therefore the third largest wireless network operator in the U.S. Now it has taken a step ahead to expand its 4G LTE services. It now intends to roll out the services to rural America and therefore has decided to team up with Competitive Carriers Association CCA and Net America Alliance. Sprint Corporation (NYSE:S) shares after opening at $8.76 moved to $8.77 on last trade day and at the end of the day closed at $8.25. Company price to sales ratio in past twelve months was calculated as 1.92 and price to cash ratio as 6.62. Sprint Corporation (NYSE:S) showed a negative weekly performance of -10.91%.

AT&T Inc. (NYSE:T) finally seems to be acting on the repeated call quality issues and complaints that it was receiving at the “New York City’s underground subway stations” from hundreds of thousands of its network users. AT&T Inc. (NYSE:T) shares advanced 0.23% in last trading session and ended the day on $35.20. T return on equity ratio is recorded as 20.80% and its return on assets is 3.00%. AT&T Inc. (NYSE:T) yearly performance is -3.90%.

Verizon Wireless announced the immediate availability of the Galaxy S5 online and in stores. Customers can purchase the device in either Charcoal Black or Shimmery White for $199.99 after a $50 mail-in rebate with a new, two-year activation. And for a limited time, customers can get a second phone free after a $50 mail-in rebate. Verizon Communications Inc. (NYSE:VZ) shares moved down -0.84% in last trading session and was closed at $47.07, while trading in range of $47.02-$47.44. Verizon Communications Inc. (NYSE:VZ) year to date performance is -2.10%.

AK Steel Holding Corp. (NYSE:AKS) has received a consensus rating of “Hold” from the thirteen ratings firms that are currently covering the stock, American Banking News.com reports. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $5.49. AK Steel Holding Corporation (NYSE:AKS) weekly performance is -7.20%. On last trading day company shares ended up $6.96. AK Steel Holding Corporation (NYSE:AKS) distance from 50-day simple moving average is 4.13%. Analysts mean target price for the company is $6.38.

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