Witnessing the stock’s movement on the chart, on Thursday, Cleveland-Cliffs Inc (NYSE: CLF) had a quiet start as it plunged -2.20% to $9.33, before settling in for the price of $9.54 at the close. Taking a more long-term approach, CLF posted a 52-week range of $9.51-$22.97.
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The Basic Materials Sector giants’ yearly sales growth during the last 5-year period 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 -170.84%. This publicly-traded company’s shares outstanding now amounts to $493.94 million, simultaneously with a float of $483.94 million. The organization now has a market capitalization sitting at $4.61 billion. At the time of writing, stock’s 50-day Moving Average stood at $12.31, while the 200-day Moving Average is $15.19.
Cleveland-Cliffs Inc (CLF) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Steel industry. Cleveland-Cliffs Inc’s current insider ownership accounts for 2.02%, in contrast to 70.36% institutional ownership. According to the most recent insider trade that took place on Nov 20 ’24, this organization’s Director sold 1,554 shares at the rate of 11.77, making the entire transaction reach 18,283 in total value, affecting insider ownership by 64,024. Preceding that transaction, on Aug 01 ’24, Company’s Director bought 8,000 for 14.53, making the whole transaction’s value amount to 116,240. This particular insider is now the holder of 129,227 in total.
Cleveland-Cliffs Inc (CLF) Earnings and Revenue Records
Cleveland-Cliffs Inc’s EPS decrease for this current 12-month fiscal period is -170.84% and is forecasted to reach 0.02 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 0.55. The Stock has managed to achieve an average true range (ATR) of 0.63. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.23. Similarly, its price to free cash flow for trailing twelve months is now 8.53.
In the same vein, CLF’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.96, a figure that is expected to reach -0.46 in the next quarter, and analysts are predicting that it will be 0.02 at the market close of one year from today.
Technical Analysis of Cleveland-Cliffs Inc (CLF)
Going through the that latest performance of [Cleveland-Cliffs Inc, CLF]. Its last 5-days volume of 19.7 million indicated improvement to the volume of 10.67 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 5.10% While, its Average True Range was 0.63.
Raw Stochastic average of Cleveland-Cliffs Inc (CLF) in the period of the previous 100 days is set at 3.04%, which indicates a major fall in contrast to 4.89% 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 46.53% that was lower than 56.80% volatility it exhibited in the past 100-days period.
