United States Steel Corp (NYSE: X) kicked off on Monday, up 2.85% from the previous trading day, before settling in for the closing price of $39.00. Over the past 52 weeks, X has traded in a range of $26.92-$43.35.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 12.10%. While this was happening, its average annual earnings per share was recorded 7.10%. With a float of $221.44 million, this company’s outstanding shares have now reached $225.18 million.
The extent of productivity of a business whose workforce counts for 22053 workers is very important to gauge. In terms of profitability, gross margin is 7.67%, operating margin of 1.79%, and the pretax margin is 2.8%.
United States Steel Corp (X) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Steel Industry. The insider ownership of United States Steel Corp is 1.67%, while institutional ownership is 90.91%. 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
According to the Wall Street analysts, stocks earnings will be around 7.10% per share during the next fiscal year.
United States Steel Corp (NYSE: X) Trading Performance Indicators
Take a look at United States Steel Corp’s (X) current performance indicators. Last quarter, stock had a quick ratio of 0.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.49, a number that is poised to hit -0.32 in the next quarter and is forecasted to reach 3.25 in one year’s time.
Technical Analysis of United States Steel Corp (X)
The latest stats from [United States Steel Corp, X] show that its last 5-days average volume of 6.53 million was inferior to 6.99 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 77.67%. Additionally, its Average True Range was 1.64.
During the past 100 days, United States Steel Corp’s (X) raw stochastic average was set at 76.25%, which indicates a significant decrease from 83.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.90% in the past 14 days, which was lower than the 51.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $36.99, while its 200-day Moving Average is $37.35. Now, the first resistance to watch is $41.17. This is followed by the second major resistance level at $42.22. The third major resistance level sits at $43.20. If the price goes on to break the first support level at $39.14, it is likely to go to the next support level at $38.16. Assuming the price breaks the second support level, the third support level stands at $37.11.
United States Steel Corp (NYSE: X) Key Stats
The company with the Market Capitalisation of 9.03 billion has total of 225,217K Shares Outstanding. Its annual sales at the moment are 15,640 M in contrast with the sum of 384,000 K annual income. Company’s last quarter sales were recorded 3,509 M and last quarter income was -89,000 K.
