AK Steel (AKS) Tops Q3 EPS by 8c

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AK Steel (AKS) PT, Estimates Raised at Jefferies

October 26, 2016 8:16 AM EDT

Jefferies analyst Seth Rosenfeld raised his price target on Hold-rated AK Steel (NYSE: AKS) to $5.50 (from $4.50) following results.

Rosenfeld commented, "AKS took necessary steps in recent years to reduce exposure to steel market volatility by stepping out of the spot market, growing... More

AK Steel (AKS) October weekly volatility increases on more puts than calls into Q3

October 24, 2016 3:20 PM EDT

AK Steel (NYSE: AKS) October weekly call option implied volatility is at 120, November is at 77; compared to its 52-week range of 62 to 130 into the expected release of Q3 results on October 25.

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