Cleveland-Cliffs Inc (NYSE: CLF) kicked off on Monday, down -3.52% from the previous trading day, before settling in for the closing price of $8.52. Over the past 52 weeks, CLF has traded in a range of $8.48-$22.97.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 112.64%. While this was happening, its average annual earnings per share was recorded 39.79%. 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
Our next focus will be how large-scale investors are participating in this stock of the Steel Industry. 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 39.79% per share during the next fiscal year.
Cleveland-Cliffs Inc (NYSE: CLF) Trading Performance Indicators
Take a look at Cleveland-Cliffs Inc’s (CLF) current performance indicators. Last quarter, stock had a quick ratio of 0.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.57, a number that is poised to hit -0.67 in the next quarter and is forecasted to reach 0.49 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 23.68 million, which is a jump from its year-to-date volume of 19.03 million. As of the previous 9 days, the stock’s Stochastic %D was 17.76%. Additionally, its Average True Range was 0.65.
During the past 100 days, Cleveland-Cliffs Inc’s (CLF) raw stochastic average was set at 4.82%, which indicates a significant decrease from 11.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.42% in the past 14 days, which was lower than the 71.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.19, while its 200-day Moving Average is $12.14. However, in the short run, Cleveland-Cliffs Inc’s stock first resistance to watch stands at $8.43. Second resistance stands at $8.64. The third major resistance level sits at $8.90. If the price goes on to break the first support level at $7.96, it is likely to go to the next support level at $7.70. Should the price break the second support level, the third support level stands at $7.49.
Cleveland-Cliffs Inc (NYSE: CLF) Key Stats
The company with the Market Capitalisation of 4.06 billion has total of 494,481K Shares Outstanding. Its annual sales at the moment are 19,185 M in contrast with the sum of -754,000 K annual income. Company’s last quarter sales were recorded 4,325 M and last quarter income was -447,000 K.
