AK Steel Holding Corporation was a big mover last session, as the company saw its shares rise over 8% on the day. The upside was driven by the company’s announcement of better-than-expected earnings for the second-quarter 2016. This led to solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $4.24 to $6.18 in the past one-month time frame.

The company has seen one positive revision in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for this stock. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

AK Steel Holding currently carries a Zacks Rank #2 (Buy).

AK STEEL HLDG Price

AK STEEL HLDG Price | AK STEEL HLDG Quote

Another favorably placed stock in the same industry is Ryerson Holding Corporation (RYI Quick QuoteRYI - Free Report) , sporting a Zacks Rank #1 (Strong Buy).

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