On Monday, Cleveland-Cliffs Inc (NYSE: CLF) was 5.46% up from the session before settling in for the closing price of $6.96. A 52-week range for CLF has been $6.17 – $22.67.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Basic Materials sector has jumped its sales by 90.00% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 19.24%. With a float of $483.62 million, this company’s outstanding shares have now reached $493.95 million.
In an organization with 30000 employees, it is important to assess its efficiency. 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 and Institutional Ownership
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 73.29%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 19.24% 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 0.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.57, a number that is poised to hit -0.71 in the next quarter and is forecasted to reach 0.31 in one year’s time.
Technical Analysis of Cleveland-Cliffs Inc (CLF)
Let’s dig in a bit further. During the last 5-days, its volume was 32.36 million. That was better than the volume of 20.06 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 19.36%. Additionally, its Average True Range was 0.79.
During the past 100 days, Cleveland-Cliffs Inc’s (CLF) raw stochastic average was set at 16.57%, which indicates a significant decrease from 31.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 94.36% in the past 14 days, which was higher than the 70.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.96, while its 200-day Moving Average is $11.96. However, in the short run, Cleveland-Cliffs Inc’s stock first resistance to watch stands at $7.97. Second resistance stands at $8.60. The third major resistance level sits at $9.38. If the price goes on to break the first support level at $6.57, it is likely to go to the next support level at $5.79. The third support level lies at $5.16 if the price breaches the second support level.
Cleveland-Cliffs Inc (NYSE: CLF) Key Stats
There are 494,485K outstanding shares of the company, which has a market capitalization of 3.63 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.
