TimkenSteel Corporation (NYSE:TMST) traded today at a new 52-week high of $23.99. So far today approximately 171,000 shares have been exchanged, as compared to an average 30-day volume of 915,000 shares.
TimkenSteel Corp is an America-based manufacturer of alloy steel, as well as carbon and micro-alloy steel. TimkenSteel’s portfolio includes special bar quality steel, seamless mechanical tubes, and value-add solutions, such as precision steel components. The company also supplies machining and thermal treatment services, and manages raw material recycling programs that work as feeder system for its melt operations. The company’s products and services are used in the following sectors: oil and gas; automotive; industrial equipment; mining; construction; rail; aerospace and defense; heavy truck; agriculture; and power generation. Geographically, the company primarily serves customers in the United States.
In the past 52 weeks, TimkenSteel Corporation share prices are bracketed by a low of $9.32 and a high of $23.99 and is now at $23.50, 152% above that low price.
TimkenSteel Corporation (NYSE:TMST) defies analysts with a current price ($23.50) 5.3% above its average consensus price target of $22.26.
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