Le Lézard
Classified in: Mining industry, Business
Subject: INO

Stocks Under Scanner in the Steel & Iron Space -- Gerdau, Reliance Steel & Aluminum, TimkenSteel, and United States Steel


NEW YORK, Nov. 14, 2017 /PRNewswire/ -- If you want a Stock Review on GGB, RS, TMST, or X then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. On Monday, November 13, 2017, the NASDAQ Composite ended the trading session at 6,757.60, up 0.10%; the Dow Jones Industrial Average edged 0.07% higher, to finish at 23,439.70; and the S&P 500 closed at 2,584.84, slightly advancing 0.10%. US markets saw four out of nine sectors finishing the day in red, two in green, and three in neutral territory. This Tuesday, DailyStockTracker.com has initiated reports coverage on the following Steel & Iron equities: Gerdau S.A. (NYSE: GGB), Reliance Steel & Aluminum Co. (NYSE: RS), TimkenSteel Corp. (NYSE: TMST), and United States Steel Corp. (NYSE: X). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:

http://dailystocktracker.com/register/

Gerdau

Porto Alegre, Brazil-based Gerdau S.A.'s stock finished Monday's session 0.32% lower at $3.09 with a total trading volume of 5.81 million shares. The stock is trading below its 50-day moving average by 13.17%. Additionally, shares of Gerdau, which provides steel-related products and services worldwide, have a Relative Strength Index (RSI) of 33.30.

On October 23rd, 2017, research firm Goldman resumed its 'Buy' rating on the Company's stock. Sign up and read the free research report on GGB at:

http://dailystocktracker.com/registration/?symbol=GGB

Reliance Steel & Aluminum

On Monday, shares in Los Angeles, California headquartered Reliance Steel & Aluminum Co. recorded a trading volume of 739,384 shares which was above its three months average volume of 418.36 thousand shares. The stock ended the session 0.36% lower at $75.29. The Company's shares have advanced 7.34% in the previous three months. The stock is trading above its 200-day moving average by 1.23%. Moreover, shares of the Company, which operates as a metals service center company, have an RSI of 45.53. The complimentary research report on RS can be downloaded at:

http://dailystocktracker.com/registration/?symbol=RS

TimkenSteel

Canton, Ohio headquartered TimkenSteel Corp.'s shares closed the day flat at $14.10. The stock recorded a trading volume of 299,033 shares. The Company's shares have gained 11.46% over the last twelve months. The stock is trading below its 50-day moving average by 10.79%. Additionally, shares of TimkenSteel, which manufactures and sells alloy steel, and carbon and micro-alloy steel products worldwide, have an RSI of 36.81. Register for free on DailyStockTracker.com and access the latest report on TMST at:

http://dailystocktracker.com/registration/?symbol=TMST

United States Steel

Shares in Pittsburgh, Pennsylvania headquartered United States Steel Corp. finished 0.58% higher at $27.62. The stock recorded a trading volume of 6.60 million shares. The Company's shares have advanced 16.49% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 4.36% and 1.68%, 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 55.32.

On November 02nd, 2017, research firm Cowen upgraded the Company's stock rating from 'Underperform' to 'Market Perform' while revising its previous target price from $20 a share to $28 a share. Get free access to your research report on X at:

http://dailystocktracker.com/registration/?symbol=X

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