Stock Research Monitor: STLD, X, and NUE
LONDON, UK / ACCESSWIRE / July 11, 2018 / If you want a free Stock Review on GGB sign up now at www.wallstequities.com/registration. WallStEquities.com reexplores the Steel and Iron sector, which covers the manufacture of steel into basic shapes and forms that then can be used to create products.Under evaluation this morning are the following four stocks: Steel Dynamics Inc. (NASDAQ: STLD), United States Steel Corp. (NYSE: X), Gerdau S.A. (NYSE: GGB), and Nucor Corp. (NYSE: NUE). All you have to do is sign up today for this free limited time offer by clicking the link below.
On Tuesday, shares in Fort Wayne, Indiana headquartered Steel Dynamics Inc. recorded a trading volume of 1.49 million shares. The stock ended at $47.41, climbing 1.28% from the last trading session. The Company's shares have gained 5.01% over the previous three months and 30.43% over the past year. The stock is trading above its 200-day moving average by 8.64%. Furthermore, shares of Steel Dynamics, which together with its subsidiaries, engages in the steel products manufacturing and metals recycling businesses in the US and internationally, have a Relative Strength Index (RSI) of 51.12.
On June 14th, 2018, research firm KeyBanc Capital Markets downgraded the Company's stock rating from 'Overweight' to 'Sector Weight'.
On June 29th, 2018, Steel Dynamics announced the completion of the acquisition of Heartland Steel Processing, LLC ("Heartland"), formerly known as Companhia Siderurgica Nacional, LLC. Located inTerre Haute, Indiana, Heartland produces various types of higher-margin, flat roll steel by further processing hot roll coils into pickle and oil, cold roll, and galvanized products. Get the full research report on STLD for free by clicking below at:
United States Steel
Pittsburgh, Pennsylvania headquartered United States Steel Corp.'s stock finished yesterday's session 2.81% higher at $36.53 with a total trading volume of 6.45 million shares. The Company's shares have gained 1.81% over the previous three months and 67.11% over the past year. The stock is trading above its 50-day and 200-day moving averages by 2.60% and 6.31%, respectively. Furthermore, shares of the Company, which produces and sells flat-rolled and tubular steel products primarily in North America and Europe, have an RSI of 54.75.
On July 02nd, 2018, United States Steel announced plans to release its Q2 2018 financial results following the close of trading on the NYSE on August 01st, 2018.The Company will host a conference call with securities analysts on August 02nd, 2018, at 8:30 a.m. EDT.The call, which will be available on the Company's website, will cover Q2 2018 financial results and may include forward-looking information.The free technical report on X can be accessed at:
At the close of trading on Tuesday, shares in Sao Paulo, Brazil-based Gerdau S.A. saw a slight decline of 0.50%, ending the day at $3.98. The stock recorded a trading volume of 13.07 million shares, which was above its three months average volume of 9.90 million shares. The Company's shares have advanced 3.65% in the last month and 20.10% over the past year. The stock is trading 2.81% below its 200-day moving average. Moreover, shares of Gerdau, which provides steel-related products and services worldwide, have an RSI of 52.36. Sign up for free on Wall St. Equities and claim the latest report on GGB at:
Charlotte, North Carolina-based Nucor Corp.'s shares ended the day 0.87% higher at $64.73 with a total trading volume of 1.44 million shares. The stock has gained 4.13% over the previous three months and 10.25% over the past year. The Company's shares are trading 0.67% above their 50-day moving average and 3.49% above their 200-day moving average. Additionally, shares of Nucor, which manufactures and sells steel and steel products in the US and internationally, have an RSI of 51.91.
On July 02nd, 2018, Nucor announced that John Ferriola, Chairman, CEO, and President, will host a live conference call onJuly 19th, 2018, at2:00 p.m. ET, in conjunction with the Company's Q2 earnings release. The call may be accessed on the Company's website. See the free research coverage on NUE at:
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