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Haynes Intl Inc is Among the Companies in the Steel Industry With the Lowest Return on Equity (HAYN, TMST, AP, ATI, CMC)

By Amy Schwartz

Below are the three companies in the Steel industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Haynes Intl Inc ranks lowest with a ROE of -1,043.9%. Following is Timkensteel with a ROE of -708.1%. Ampco-Pittsburgh ranks third lowest with a ROE of -414.3%.

Allegheny Tech follows with a ROE of -317.3%, and Commercial Metal rounds out the bottom five with a ROE of 403.1%.

SmarTrend recommended that its subscribers protect gains by selling shares of Ampco-Pittsburgh on May 1st, 2018 by issuing a Downtrend alert when the shares were trading at $9.43. Since that call, shares of Ampco-Pittsburgh have fallen 23.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest return on equity haynes intl inc timkensteel ampco-pittsburgh allegheny tech commercial metal