On Monday, Cleveland-Cliffs Inc (NYSE: CLF) was -1.38% drop from the session before settling in for the closing price of $9.42. A 52-week range for CLF has been $8.50 – $22.97.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 112.64%. When this article was written, the company’s average yearly earnings per share was at 43.67%. With a float of $483.62 million, this company’s outstanding shares have now reached $493.95 million.
Let’s determine the extent of company efficiency that accounts for 30000 employees. In terms of profitability, gross margin is 0.99%, operating margin of -2.23%, and the pretax margin is -4.92%.
Cleveland-Cliffs Inc (CLF) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cleveland-Cliffs Inc stocks. The insider ownership of Cleveland-Cliffs Inc is 2.20%, while institutional ownership is 73.31%. The most recent insider transaction that took place on Mar 10 ’25, was worth 34,800. In this transaction Director of this company bought 4,000 shares at a rate of $8.70, taking the stock ownership to the 133,227 shares. Before that another transaction happened on Feb 28 ’25, when Company’s EVP & President, CC Services bought 9,500 for $10.81, making the entire transaction worth $102,742. This insider now owns 543,475 shares in total.
Cleveland-Cliffs Inc (CLF) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 43.67% per share during the next fiscal year.
Cleveland-Cliffs Inc (NYSE: CLF) Trading Performance Indicators
You can see what Cleveland-Cliffs Inc (CLF) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.57, a number that is poised to hit -0.65 in the next quarter and is forecasted to reach 0.50 in one year’s time.
Technical Analysis of Cleveland-Cliffs Inc (CLF)
Looking closely at Cleveland-Cliffs Inc (NYSE: CLF), its last 5-days average volume was 19.3 million, which is a jump from its year-to-date volume of 18.61 million. As of the previous 9 days, the stock’s Stochastic %D was 37.61%. Additionally, its Average True Range was 0.67.
During the past 100 days, Cleveland-Cliffs Inc’s (CLF) raw stochastic average was set at 13.54%, which indicates a significant decrease from 38.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.33% in the past 14 days, which was higher than the 70.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.33, while its 200-day Moving Average is $12.31. However, in the short run, Cleveland-Cliffs Inc’s stock first resistance to watch stands at $9.69. Second resistance stands at $10.10. The third major resistance level sits at $10.35. If the price goes on to break the first support level at $9.03, it is likely to go to the next support level at $8.78. Should the price break the second support level, the third support level stands at $8.37.
Cleveland-Cliffs Inc (NYSE: CLF) Key Stats
There are 494,481K outstanding shares of the company, which has a market capitalization of 4.59 billion. As of now, sales total 19,185 M while income totals -754,000 K. Its latest quarter income was 4,325 M while its last quarter net income were -447,000 K.
