Today’s Research Reports on Trending Tickers: AK Steel Holding and United States Steel

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NEW YORK, NY / ACCESSWIRE / March 19, 2018 / U.S. managed to close higher on Friday, but finished with a weekly decline, as concerns over escalating global trade tensions overshadowed positive economic data. The Dow Jones Industrial Average gained 0.29 percent to close at 24,946.51, while the S&P 500 Index increased 0.17 percent to close at 2,752.01. The Nasdaq Composite Index was flat at 7,481.99.

"The market is always looking for support lines to build off of, but every day we get personnel issues out of the White House, that makes investors scratch their heads and rethink things about where policy might be headed. These are definitely short-term issues, but they do set us up for more volatility," said Paul Townsen, managing director at Crossmark Global Investments.

RDI Initiates Coverage on:

AK Steel Holding Corp.
https://rdinvesting.com/news/?ticker=AKS

United States Steel Corp.
https://rdinvesting.com/news/?ticker=X

AK Steel Holding's stock moved 4.06% higher Friday, to close the day at $5.13. The stock recorded a trading volume of 21,874,165 shares, which was above its three months average volume of 21,405,081 shares. In the last year, AK Steel Holding's shares have traded in a range of 4.00 - 8.34. The share price has gained 28.25% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $5.26 is below its 200-day moving average of $5.45. Shares of the company are trading at a Price to Earnings ratio of 256.50. Shares of AK Steel Holding have fallen roughly 13.93 percent in the past month and are down 9.36 percent year-to-date.

Access RDI's AK Steel Holding Corp. Research Report at:
https://rdinvesting.com/news/?ticker=AKS

On Friday, shares of United States Steel recorded a trading volume of 17,007,541 shares, which was above the three months average volume of 13,470,572 shares. The stock ended the day 3.98% higher at 39.96. The share price has gained 115.42% from its 52-week low with a 52-week trading range of 18.55 - 47.64. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $40.52 is greater than its 200-day moving average of $32.73. Shares of United States Steel are trading at a Price to Earnings ratio of 18.25. Shares of United States Steel have fallen roughly 10.70 percent in the past month and are up 13.55 percent year-to-date.

Access RDI's United States Steel Corp. Research Report at:
https://rdinvesting.com/news/?ticker=X

Our Actionable Research on AK Steel Holding Corp. (NYSE:AKS) and United States Steel Corp. (NYSE:X) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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