Ak steel stock news
Here are some recent news articles and updates about AK Steel Holding Corporation (AKS):
Recent News
- AK Steel Reports Q4 2022 Results: On February 10, 2023, AK Steel reported its Q4 2022 results, which showed a net loss of $0.14 per share, compared to a net loss of $0.23 per share in the same period last year. The company's revenue increased 14% year-over-year to $1.7 billion. (Source: PR Newswire)
- AK Steel Announces $100 Million Share Repurchase Program: On January 26, 2023, AK Steel announced a new $100 million share repurchase program, which will be used to repurchase the company's common stock. (Source: PR Newswire)
- AK Steel Partners with University of Pittsburgh to Develop Advanced Steel Technologies: On January 17, 2023, AK Steel announced a partnership with the University of Pittsburgh to develop advanced steel technologies, including high-strength, low-alloy (HSLA) steels and advanced high-strength steels (AHSS). (Source: PR Newswire)
Analyst Estimates
- Average Analyst Target Price: The average analyst target price for AK Steel is around $7.50 per share, according to data from Yahoo Finance.
- Analyst Ratings: Of the 10 analysts who cover AK Steel, 4 have a "buy" rating, 4 have a "hold" rating, and 2 have a "sell" rating, according to data from TipRanks.
Stock Performance
- Current Stock Price: As of February 24, 2023, AK Steel's stock price is around $6.50 per share.
- 52-Week Range: AK Steel's stock has traded between $4.50 and $7.50 per share over the past 52 weeks.
- Year-to-Date Performance: AK Steel's stock has declined around 10% year-to-date, compared to a 4% decline in the S&P 500 Index.
Please note that the information provided is subject to change and may not reflect the company's current financial situation or stock performance. It's always a good idea to do your own research and consult with a financial advisor before making any investment decisions.