As on Thursday, Cleveland-Cliffs Inc (NYSE: CLF) started slowly as it slid -0.89% to $13.33, before settling in for the price of $13.45 at the close. Taking a more long-term approach, CLF posted a 52-week range of $12.39-$22.97.
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In the past 5-years timespan, the Basic Materials sector firm’s annual sales growth was 93.32%. Meanwhile, its Annual Earning per share during the time was -26.78%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -105.74%. This publicly-traded company’s shares outstanding now amounts to $504.89 million, simultaneously with a float of $458.04 million. The organization now has a market capitalization sitting at $6.24 billion. At the time of writing, stock’s 50-day Moving Average stood at $14.45, while the 200-day Moving Average is $17.80.
Cleveland-Cliffs Inc (CLF) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Steel industry. Cleveland-Cliffs Inc’s current insider ownership accounts for 2.14%, in contrast to 73.51% institutional ownership. According to the most recent insider trade that took place on Aug 01 ’24, this organization’s Director bought 8,000 shares at the rate of 14.53, making the entire transaction reach 116,240 in total value, affecting insider ownership by 129,227. Preceding that transaction, on Jun 11 ’24, Company’s Director sold 36,000 for 14.87, making the whole transaction’s value amount to 535,223. This particular insider is now the holder of 100,536 in total.
Cleveland-Cliffs Inc (CLF) Earnings and Revenue Records
Cleveland-Cliffs Inc’s EPS decrease for this current 12-month fiscal period is -105.74% and is forecasted to reach 0.69 in the upcoming year.
Cleveland-Cliffs Inc (NYSE: CLF) Trading Performance Indicators
Let’s observe the current performance indicators for Cleveland-Cliffs Inc (CLF). It’s Quick Ratio in the last reported quarter now stands at 0.60. The Stock has managed to achieve an average true range (ATR) of 0.50. Alongside those numbers, its PE Ratio stands at $167.25, and its Beta score is 1.98. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.30. Similarly, its price to free cash flow for trailing twelve months is now 4.52.
In the same vein, CLF’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.08, a figure that is expected to reach -0.16 in the next quarter, and analysts are predicting that it will be 0.69 at the market close of one year from today.
Technical Analysis of Cleveland-Cliffs Inc (CLF)
Through scrutinizing the latest numbers posted by the [Cleveland-Cliffs Inc, CLF], it can be observed that its last 5-days Average volume of 11.68 million was better the volume of 9.04 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 71.35% While, its Average True Range was 0.49.
Raw Stochastic average of Cleveland-Cliffs Inc (CLF) in the period of the previous 100 days is set at 9.40%, which indicates a major fall in contrast to 54.97% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 42.02% that was higher than 38.26% volatility it exhibited in the past 100-days period.
