On Friday, United States Steel Corp (NYSE: X) opened higher 0.67% from the last session, before settling in for the closing price of $35.80. Price fluctuations for X have ranged from $26.92 to $48.85 over the past 52 weeks.
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A company in the Basic Materials sector has jumped its sales by 18.50% annually for the last half of the decade. Company’s average yearly earnings per share was noted -58.94% at the time writing. With a float of $222.34 million, this company’s outstanding shares have now reached $225.17 million.
In an organization with 21803 employees, it is important to assess its efficiency. 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 and Institutional Ownership
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 86.99%. The most recent insider transaction that took place on Sep 18 ’24, was worth 131,250.
United States Steel Corp (X) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -58.94% per share during the next fiscal year.
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 0.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.53, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach 2.19 in one year’s time.
Technical Analysis of United States Steel Corp (X)
Let’s dig in a bit further. During the last 5-days, its volume was 10.19 million. That was inferior than the volume of 11.53 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 77.49%. Additionally, its Average True Range was 1.78.
During the past 100 days, United States Steel Corp’s (X) raw stochastic average was set at 55.52%, which indicates a significant decrease from 78.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.26% in the past 14 days, which was higher than the 60.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $36.11, while its 200-day Moving Average is $37.48. However, in the short run, United States Steel Corp’s stock first resistance to watch stands at $36.44. Second resistance stands at $36.85. The third major resistance level sits at $37.19. If the price goes on to break the first support level at $35.69, it is likely to go to the next support level at $35.35. The third support level lies at $34.94 if the price breaches the second support level.
United States Steel Corp (NYSE: X) Key Stats
There are currently 225,171K shares outstanding in the company with a market cap of 8.12 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.
