Tag: NYSE:SID

  • Steel & Iron Stocks: AK Steel Holding Corporation (NYSE:AKS), ArcelorMittal (NYSE:MT), Companhia Siderurgica Nacional (NYSE:SID), Gerdau (NYSE:GGB)

    AK Steel Holding Corp. (NYSE:AKS) has received a consensus recommendation of “Hold” from the fourteen analysts that are covering the stock, Stock Ratings Network.com reports. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $5.67. AK Steel Holding Corporation (NYSE:AKS) stock closed at $6.45 in last trading session, and 52 week range is $2.76 – $8.47.

    ArcelorMittal (ADR) (NYSE:MT) has finalized the purchase of a German steel finishing facility in Alabama that will allow it to better serve southern auto plants. Belgium-based ArcelorMittal and German-based ThyssenKrupp announced that has completed the $1.55 billion deal for a rolling and finishing plant in Calvert, Ala. The plant has hot-rolling, cold-rolling and finishing lines, and a total capacity of 5.3 million tons. ArcelorMittal (ADR) (NYSE:MT) shares closed at $15.75 on last trade day. Stock 52 week range is $10.83 – $17.92. Company’s market capitalization is $26.04 billion.

    TheStreet Quant Ratings rates Companhia Siderurgica Nacional (ADR) (NYSE:SID) as a hold. The company’s strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and weak operating cash flow. Companhia Siderurgica Nacional (ADR) (NYSE:SID) stock finished the last session at $4.75. The EPS of the stock remained 0.25. Company’s market capitalization is $6.93 billion.

    Gerdau (NYSE:GGB) announced a quarterly dividend on Tuesday, February 25th, ARN reports. Shareholders of record on Monday, March 10th will be paid a dividend of 0.0297 per share on Monday, March 24th. This represents a $0.12 annualized dividend and a dividend yield of 1.85%. The ex-dividend date is Thursday, March 6th. Gerdau SA (ADR) (NYSE:GGB) stock closed at $6.41 in last trading session. The 52 week range of the stock is $5.27 – $8.45.