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Lowest Return on Equity in the Steel Industry Detected in Shares of Haynes Intl Inc (HAYN, TMST, AP, ATI, FRD)

By James Quinn

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 Friedman Industries, Inc. rounds out the bottom five with a ROE of 234.5%.

SmarTrend is monitoring the recent change of momentum in Timkensteel. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Timkensteel in search of a potential trend change.

Keywords: lowest return on equity haynes intl inc timkensteel ampco-pittsburgh allegheny tech amex:frd friedman industries inc.