Icahn Enterprises L.P. (IEP) Forms $59.27 Double Top; Olympic Steel (ZEUS) Sellers Decreased By 21.74% Their Shorts

Icahn Enterprises L.P. (IEP) formed double top with $62.24 target or 5.00% above today’s $59.27 share price. Icahn Enterprises L.P. (IEP) has $10.02B valuation. The stock increased 4.05% or $2.3046 during the last trading session, reaching $59.2746. About 114,370 shares traded or 15.07% up from the average. Icahn Enterprises L.P. (NASDAQ:IEP) has declined 7.69% since March 5, 2017 and is downtrending. It has underperformed by 24.39% the S&P500.

Olympic Steel Inc (NASDAQ:ZEUS) had a decrease of 21.74% in short interest. ZEUS’s SI was 167,800 shares in March as released by FINRA. Its down 21.74% from 214,400 shares previously. With 120,900 avg volume, 1 days are for Olympic Steel Inc (NASDAQ:ZEUS)’s short sellers to cover ZEUS’s short positions. The SI to Olympic Steel Inc’s float is 1.84%. The stock increased 6.79% or $1.42 during the last trading session, reaching $22.26. About 203,614 shares traded or 69.93% up from the average. Olympic Steel, Inc. (NASDAQ:ZEUS) has declined 22.41% since March 5, 2017 and is downtrending. It has underperformed by 39.11% the S&P500.

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.07, from 1.02 in 2017Q2. It fall, as 13 investors sold Olympic Steel, Inc. shares while 30 reduced holdings. 11 funds opened positions while 30 raised stakes. 7.06 million shares or 2.09% less from 7.21 million shares in 2017Q2 were reported. Inc has invested 0% in Olympic Steel, Inc. (NASDAQ:ZEUS). State Bank Of Montreal Can stated it has 1,804 shares or 0% of all its holdings. The New York-based D E Shaw & has invested 0% in Olympic Steel, Inc. (NASDAQ:ZEUS). Northern Trust reported 172,152 shares. Legal General Grp Public Lc holds 0% or 16,792 shares. Art Advsr Ltd Limited Liability Company holds 0.02% or 18,516 shares. Ameriprise Fincl holds 0% or 379,291 shares in its portfolio. Nationwide Fund has invested 0.01% of its portfolio in Olympic Steel, Inc. (NASDAQ:ZEUS). Geode Management Limited Liability reported 0% of its portfolio in Olympic Steel, Inc. (NASDAQ:ZEUS). Balyasny Asset Management Limited Liability reported 0.01% stake. Prelude Capital Mngmt Ltd Co holds 0.01% of its portfolio in Olympic Steel, Inc. (NASDAQ:ZEUS) for 4,052 shares. Public Employees Retirement Association Of Colorado reported 4,238 shares stake. Jpmorgan Chase reported 0% in Olympic Steel, Inc. (NASDAQ:ZEUS). Moreover, Nordea Inv Management has 0% invested in Olympic Steel, Inc. (NASDAQ:ZEUS). State Of Alaska Department Of Revenue has invested 0% in Olympic Steel, Inc. (NASDAQ:ZEUS).

Among 3 analysts covering Olympic Steel Inc (NASDAQ:ZEUS), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Olympic Steel Inc had 20 analyst reports since July 22, 2015 according to SRatingsIntel. On Thursday, October 19 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The firm has “Hold” rating by Jefferies given on Friday, June 2. The stock of Olympic Steel, Inc. (NASDAQ:ZEUS) earned “Hold” rating by Jefferies on Wednesday, July 19. The stock of Olympic Steel, Inc. (NASDAQ:ZEUS) has “Overweight” rating given on Monday, January 9 by KeyBanc Capital Markets. The firm has “Hold” rating given on Wednesday, October 4 by Jefferies. The firm earned “Hold” rating on Monday, September 18 by KeyBanc Capital Markets. The firm has “Hold” rating by Jefferies given on Monday, March 21. The stock of Olympic Steel, Inc. (NASDAQ:ZEUS) earned “Hold” rating by Jefferies on Tuesday, October 17. The stock of Olympic Steel, Inc. (NASDAQ:ZEUS) has “Sector Weight” rating given on Monday, September 21 by KeyBanc Capital Markets. The stock has “Sector Weight” rating by KeyBanc Capital Markets on Monday, September 19.

Olympic Steel, Inc. processes and distributes metal products in the United States and internationally. The company has market cap of $244.23 million. It operates in three divisions: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. It has a 19.93 P/E ratio. The Carbon Flat Products segment sells and distributes processed carbon and coated flat-rolled sheets, coil and plate products, and fabricated parts.

Investors sentiment decreased to 0.88 in 2017 Q3. Its down 0.79, from 1.67 in 2017Q2. It dropped, as 12 investors sold Icahn Enterprises L.P. shares while 21 reduced holdings. 7 funds opened positions while 22 raised stakes. 164.45 million shares or 3.31% more from 159.18 million shares in 2017Q2 were reported. Hightower Advsr Ltd Limited Liability Company holds 0.02% or 52,302 shares in its portfolio. New York-based Glob X Mngmt Company Ltd has invested 0% in Icahn Enterprises L.P. (NASDAQ:IEP). Gabelli And Inv Advisers Inc reported 7,500 shares. Fifth Third Bancorporation invested in 0% or 1,395 shares. Comml Bank Of America De reported 0% of its portfolio in Icahn Enterprises L.P. (NASDAQ:IEP). Fishman Jay A Limited Mi holds 1.18% of its portfolio in Icahn Enterprises L.P. (NASDAQ:IEP) for 105,623 shares. Focused Wealth Management holds 0% or 100 shares. Bancorp Of Montreal Can invested in 0% or 350 shares. Tower Research Limited Liability (Trc) invested 0% of its portfolio in Icahn Enterprises L.P. (NASDAQ:IEP). Amer Natl Company Tx has invested 0.09% in Icahn Enterprises L.P. (NASDAQ:IEP). Glenmede Tru Na holds 0% or 800 shares in its portfolio. Susquehanna Int Llp holds 0% of its portfolio in Icahn Enterprises L.P. (NASDAQ:IEP) for 13,600 shares. National Asset holds 16,604 shares or 0.15% of its portfolio. Guggenheim Ltd Liability Co holds 0% of its portfolio in Icahn Enterprises L.P. (NASDAQ:IEP) for 14,357 shares. Citigroup accumulated 0.32% or 7.17M shares.

Among 2 analysts covering Icahn Enterprises LP (NASDAQ:IEP), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Icahn Enterprises LP has $105 highest and $30 lowest target. $51.50’s average target is -13.12% below currents $59.2746 stock price. Icahn Enterprises LP had 4 analyst reports since July 22, 2015 according to SRatingsIntel. UBS maintained the shares of IEP in report on Wednesday, November 8 with “Sell” rating. UBS downgraded the stock to “Sell” rating in Thursday, August 18 report. The stock of Icahn Enterprises L.P. (NASDAQ:IEP) has “Buy” rating given on Friday, November 3 by Jefferies.

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