Research Report Initiated on Select Steel and Iron Equities

LONDON, UK / ACCESSWIRE / July 5, 2016 / Active Wall St announces the list of stocks for today’s research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Steel & Iron industry. Companies recently under review include Nucor, Commercial Metals, TimkenSteel, and Reliance Steel & Aluminum. See our complete report on Nucor at:

http://www.activewallst.com/registration-3/?symbol=NUE

Today, AWS is promoting its equity research coverage. Get all of our research report free by signing up to http://www.activewallst.com/register/.

The Steel and Iron industry remains in constant transition. Let us see how this is affecting some of the big names in the industry. Register with us now for your free membership and more research reports at:

http://www.activewallst.com/register/

Active Wall St takes a brief look at how each of the companies mentioned above have performed at the close yesterday and over the last few trading sessions.

Nucor Corp. (NYSE: NUE)

Shares in Charlotte, North Carolina-based Nucor Corp. ended last Friday’s session 1.13% higher at $49.97 and with a total volume of 2.52 million shares traded. The stock has advanced 2.48% in the last month, 7.92% over the previous three months, and 26.02% on an YTD basis. The Company’s shares are trading 3.06% above their 50-day moving average and 17.31% above their 200-day moving average. Moreover, shares of Nucor, which manufactures and sells steel and steel products in the U.S. and globally, have a Relative Strength Index (RSI) of 54.64.

Commercial Metals Co. (NYSE: CMC)

Irving, Texas headquartered Commercial Metals Co.’s shares gained 0.06%, closing the day at $16.91 with a total volume of 1.57 million shares traded. The stock has advanced 1.62% in the previous three months and 25.54% since the start of this year. The Company’s shares are trading 10.11% above their 200-day moving average. Additionally, shares of Commercial Metals, which manufactures, recycles, and markets steel and metal products, and related materials and services in the U.S. and globally, have an RSI of 49.71. On June 02nd, 2016, research firm Bank of America/ Merrill downgraded the Company’s stock rating from ‘Neutral’ to ‘Underperform’. Sign up for your research report on CMC at:

http://www.activewallst.com/registration-3/?symbol=CMC

TimkenSteel Corp. (NYSE: TMST)

On Friday, shares in Canton, Ohio headquartered TimkenSteel Corp. surged 7.69%, closing the session at $10.36 and with a total volume of 487,170 shares. The stock has advanced 9.51% in the last one month, 18.13% over the previous three months, and 23.63% on an YTD basis. The Company’s shares are trading 7.61% above their 200-day moving average. Furthermore, shares of TimkenSteel, which manufactures and sells alloy steel, and carbon and micro-alloy steel products globally, have an RSI of 53.88. On June 01st, 2016, research firm Cowen reiterated its ‘Market Perform’ rating with an increase of the target price to $13 a share from $8 a share for the Company’s stock. Register for free and download the research report on TMST at:

http://www.activewallst.com/registration-3/?symbol=TMST

Reliance Steel & Aluminum Co. (NYSE: RS)

Los Angeles, California headquartered Reliance Steel & Aluminum Co.’s shares finished the session 1.86% higher at $78.33 with a total volume of 597,113 shares traded. The stock has advanced 4.78% in the last month, 14.71% in the previous three months, and 36.85% since the start of this year. The Company’s shares are trading above their 50-day and 200-day moving averages by 6.00% and 24.41%, respectively. Additionally, shares of Reliance Steel & Aluminum, which operates as a metals service center Company, have an RSI of 60.08. The research report on RS is available for free at:

http://www.activewallst.com/registration-3/?symbol=RS

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com
Phone number: 1-858-257-3144
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 441944