Nucor Corp (NUE) distance from 200-day Simple Moving Average is $160.04: Right on the Precipice

Nucor Corp (NYSE: NUE) open the trading on Thursday, with a bit cautious approach as it glided -1.85% to $115.78, before settling in for the price of $117.96 at the close. Taking a more long-term approach, NUE posted a 52-week range of $117.57-$203.00.

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The company of the Basic Materials sector’s yearbook sales growth during the past 5- year span was recorded 11.57%. Meanwhile, its Annual Earning per share during the time was 19.38%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -53.66%. This publicly-traded company’s shares outstanding now amounts to $234.81 million, simultaneously with a float of $233.30 million. The organization now has a market capitalization sitting at $27.19 billion. At the time of writing, stock’s 50-day Moving Average stood at $146.56, while the 200-day Moving Average is $160.04.

Nucor Corp (NUE) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Steel industry. Nucor Corp’s current insider ownership accounts for 0.65%, in contrast to 78.90% institutional ownership. According to the most recent insider trade that took place on Nov 11 ’24, this organization’s Executive Vice President sold 4,968 shares at the rate of 159.72, making the entire transaction reach 793,470 in total value, affecting insider ownership by 85,376.

Nucor Corp (NUE) Earnings and Revenue Records

Nucor Corp’s EPS decrease for this current 12-month fiscal period is -53.66% and is forecasted to reach 8.51 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 0.64% through the next 5 years, which can be compared against the 19.38% growth it accomplished over the previous five years trading on the market.

Nucor Corp (NYSE: NUE) Trading Performance Indicators

Let’s observe the current performance indicators for Nucor Corp (NUE). It’s Quick Ratio in the last reported quarter now stands at 1.61. The Stock has managed to achieve an average true range (ATR) of 4.87. Alongside those numbers, its PE Ratio stands at $11.19, and its Beta score is 1.62. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.87. Similarly, its price to free cash flow for trailing twelve months is now 15.50.

In the same vein, NUE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 10.35, a figure that is expected to reach 0.76 in the next quarter, and analysts are predicting that it will be 8.51 at the market close of one year from today.

Technical Analysis of Nucor Corp (NUE)

[Nucor Corp, NUE] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 2.69% While, its Average True Range was 4.93.

Raw Stochastic average of Nucor Corp (NUE) in the period of the previous 100 days is set at 0.89%, which indicates a major fall in contrast to 1.13% 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 25.77% that was lower than 40.38% volatility it exhibited in the past 100-days period.