United States Steel Corp (X) is heading in the right direction with an average volume of $6.50M

United States Steel Corp (NYSE: X) established initial surge of 2.07% at $40.45, before settling in for the price of $39.63 at the close. Taking a more long-term approach, X posted a 52-week range of $26.92-$50.20.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

In the past 5-years timespan, the Basic Materials sector firm’s annual sales growth was 13.03%. Meanwhile, its Annual Earning per share during the time was -10.66%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -50.76%. This publicly-traded company’s shares outstanding now amounts to $223.67 million, simultaneously with a float of $222.34 million. The organization now has a market capitalization sitting at $9.30 billion. At the time of writing, stock’s 50-day Moving Average stood at $38.03, while the 200-day Moving Average is $39.07.

United States Steel Corp (X) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the United States Steel Corp industry. United States Steel Corp’s current insider ownership accounts for 1.26%, in contrast to 86.75% institutional ownership. Preceding that transaction, on Dec 18 ’23, Company’s Pres. & CEO sold 252,458 for 50.01, making the whole transaction’s value amount to 12,626,182. This particular insider is now the holder of 581,609 in total.

United States Steel Corp (X) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.

United States Steel Corp’s EPS decrease for this current 12-month fiscal period is -50.76% and is forecasted to reach 2.79 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.00% through the next 5 years, which can be compared against the -10.66% growth it accomplished over the previous five years trading on the market.

United States Steel Corp (NYSE: X) Trading Performance Indicators

Let’s observe the current performance indicators for United States Steel Corp (X). It’s Quick Ratio in the last reported quarter now stands at 1.08. The Stock has managed to achieve an average true range (ATR) of 1.86. Alongside those numbers, its PE Ratio stands at $26.46, and its Beta score is 1.83. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.57.

In the same vein, X’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.53, a figure that is expected to reach 0.24 in the next quarter, and analysts are predicting that it will be 2.79 at the market close of one year from today.

Technical Analysis of United States Steel Corp (X)

Now, what If we examine the latest scores posted by [United States Steel Corp, X]. During the last 5-days, its volume was better the volume of 4.48 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 63.32% While, its Average True Range was 2.00.

Raw Stochastic average of United States Steel Corp (X) in the period of the previous 100 days is set at 82.35%, which indicates a major rise in contrast to 69.51% 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 52.94% that was higher than 51.76% volatility it exhibited in the past 100-days period.