On Monday, United States Steel Corp (NYSE: X) opened higher 4.08% from the last session, before settling in for the closing price of $30.14. Price fluctuations for X have ranged from $26.92 to $48.95 over the past 52 weeks.
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Annual sales at Basic Materials sector company grew by 13.03% over the past five years. Company’s average yearly earnings per share was noted -55.16% at the time writing. With a float of $222.34 million, this company’s outstanding shares have now reached $225.17 million.
Let’s look at the performance matrix of the company that is accounted for 21803 employees. In terms of profitability, gross margin is 8.0%, operating margin of 1.18%, and the pretax margin is 2.41%.
United States Steel Corp (X) Insider Updates
A key investor’s attitude towards the stock of the Steel industry is another important factor to consider. The insider ownership of United States Steel Corp is 1.25%, while institutional ownership is 86.80%. The most recent insider transaction that took place on Sep 18 ’24, was worth 131,250.
United States Steel Corp (X) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -55.16% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to -10.66% drop over the previous five years of trading.
United States Steel Corp (NYSE: X) Trading Performance Indicators
Check out the current performance indicators for United States Steel Corp (X). In the past quarter, the stock posted a quick ratio of 1.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.53, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 2.65 in one year’s time.
Technical Analysis of United States Steel Corp (X)
United States Steel Corp (NYSE: X) saw its 5-day average volume 6.3 million, a positive change from its year-to-date volume of 4.62 million. As of the previous 9 days, the stock’s Stochastic %D was 13.90%. Additionally, its Average True Range was 1.93.
During the past 100 days, United States Steel Corp’s (X) raw stochastic average was set at 27.11%, which indicates a significant increase from 16.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.15% in the past 14 days, which was lower than the 56.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $37.69, while its 200-day Moving Average is $38.08. Nevertheless, the first resistance level for the watch stands at $32.18 in the near term. At $33.00, the stock is likely to face the second major resistance level. The third major resistance level sits at $34.21. If the price goes on to break the first support level at $30.15, it is likely to go to the next support level at $28.94. Assuming the price breaks the second support level, the third support level stands at $28.12.
United States Steel Corp (NYSE: X) Key Stats
There are currently 225,171K shares outstanding in the company with a market cap of 7.06 billion. Presently, the company’s annual sales total 18,053 M according to its annual income of 895,000 K. Last quarter, the company’s sales amounted to 3,853 M and its income totaled 119,000 K.
