Shares of AKS fell by 9.83% or $-0.57/share to $5.23. NYSE is trading at a price to book ratio of 1.76. The PEG is 1.1 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.1. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 7316060 shares of AKS exchange hands on a given day and today's volume is recorded at 3096238. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
AK Steel Holding Corporation (AK Holding) is an integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its wholly owned subsidiary, AK Steel Corporation (AK Steel).
