Shares of TimkenSteel Corporation (NYSE:TMST) traded at a new 52-week high today of $25.65. This new high was reached on approximately average trading volume as 573,000 shares traded hands, while the average 30-day volume is approximately 769,000 shares.
TimkenSteel Corporation (NYSE:TMST) is currently priced 18.8% above its average consensus analyst price target of $20.67.
TimkenSteel Corporation share prices have moved between a 52-week high of $25.65 and a 52-week low of $11.68 and are now trading 118% above that low price at $25.46 per share.
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.
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