Home / Street Sector / High Profile Active Buzzers: AK Steel Holding (NYSE:AKS), California Resources (NYSE:CRC)

High Profile Active Buzzers: AK Steel Holding (NYSE:AKS), California Resources (NYSE:CRC)

Following previous ticker characteristics, AK Steel Holding Corporation (NYSE:AKS) also run on active notice, stock price build up 1.27% after traded at $4.78 in most recent trading session. AK Steel (AKS) stated recently that it plans to release its third quarter 2016 financial results before the opening of trading on the New York Stock Exchange on Tuesday, October 25, 2016. AK Steel will also provide live listening access on the Internet to its earnings conference call to be held at 11:00 a.m. Eastern Time on October 25, 2016.

AKS price to current year EPS stands at -339.00%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 90.48%. Moving toward ratio analysis, it has current ratio of 1.80 and quick ratio was calculated as 0.60.

Taking notice on volatility measures, price volatility of stock was 5.24% for a week and 5.87% for a month. The price volatility’s Average True Range for 14 days was 0.27. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 3.10 out of 1-5 scale with week’s performance of 17.73%. AKS’s institutional ownership was registered as 69.40%, while insider ownership was 1.20%.

California Resources Corporation (NYSE:CRC) persists its position slightly strong in context of buying side, while shares price eased up 0.80% during latest trading session as,

Analysts Practices; to watch unbiased undervalue securities, there is need to see following technical rations. Based on historic views, the average P/E ratio in market fluctuates between 15 to 25, but alone low P/E ratio does not necessarily mean that a company is undervalue.

Narrow down focus to other ratios, the co has current ratio of 0.70 that indicates if CRC lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case. To make strengthen these views, the active industry firm has Quick Ratio of 0.50, which indicates firm has sufficient short-term assets to cover its immediate liabilities.


About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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