Shares of AK Steel Holding Corporation (AKS) Sees Large Inflow of Net Money Flow

AK Steel Holding Corporation (AKS) : Investors lapped up stocks on upticks to the tune of $6.34 million in the Fridays trading session. The trading value on downticks was comparatively at $4.68 million and the uptick to downtick ratio of 1.36 indicates continuous buying by the bulls. The net money flow into the stock was $1.66 million. The block trades were dominated by the bulls with a healthy 2.88, uptick to downtick ratio. Only $0.98 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $2.81 clearly indicating buying by large investors. The total money flow for block trades stood at $1.83 million, which is a positive for the stock in the long-term. AK Steel Holding Corporation (AKS) fell $0.05 during the day at $4.35, a drop of -1.14% over the previous days close. However, for the week, the stock is -5.02%, compared to the previous week.


The company Insiders own 1.8% of AK Steel Holding Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -21.8% . Institutional Investors own 68.82% of AK Steel Holding Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -21.8%.

In a related news, Wright Vicente, director of Ak Steel Holding Corp, unloaded 27,000 shares at an average price of $6.7 on July 28, 2016. The total amount of the transaction was worth $180,900, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

AK Steel Holding Corporation (NYSE:AKS): stock was range-bound between the intraday low of $4.32 and the intraday high of $4.545 after having opened at $4.41 on Fridays session. The stock finally closed in the red at $4.41, a loss of -1.14%. The stock remained in the red for the whole trading day. The total traded volume was 7,281,515 shares. The stock failed to cross $4.545 in Fridays trading. The stocks closing price on Thursday was $4.4.

AK Steel Holding Corporation (AKS) : During the past 4 weeks, traders have been relatively bearish on AK Steel Holding Corporation (AKS), hence the stock is down -29.29% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.5% relative to the S&P 500. The 4-week change in the price of the stock is -29.38% and the stock has fallen -5.02% in the past 1 week.

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 and, together with AK Holding, the Company). The operations of the Company and its wholly owned subsidiaries consist primarily of eight steelmaking and finishing plants, two coke plants and two tube manufacturing plants across six states, which include Indiana, Kentucky, Michigan, Ohio, Pennsylvania and West Virginia. These operations produce flat-rolled carbon steels, including coated, cold-rolled and hot-rolled carbon steel products, and specialty stainless and electrical steels that are sold in sheet and strip form, as well as carbon and stainless steel that is finished into welded steel tubing. These products are sold to the automotive, infrastructure and manufacturing, and distributors and converters markets.

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