A new trading day began on Monday, with Cleveland-Cliffs Inc (NYSE: CLF) stock price up 3.29% from the previous day of trading, before settling in for the closing price of $7.91. CLF’s price has ranged from $6.17 to $18.31 over the past 52 weeks.
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Annual sales at Basic Materials sector company grew by 90.00% over the past five years. Meanwhile, its annual earnings per share averaged -22.88%. With a float of $485.54 million, this company’s outstanding shares have now reached $493.95 million.
Let’s look at the performance matrix of the company that is accounted 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 and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Steel Industry. The insider ownership of Cleveland-Cliffs Inc is 1.81%, while institutional ownership is 73.55%. 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
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 -22.88% per share during the next fiscal year.
Cleveland-Cliffs Inc (NYSE: CLF) Trading Performance Indicators
Here are Cleveland-Cliffs Inc’s current performance indicators. According to the last quarter’s results, the 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 -0.80 in the next quarter and is forecasted to reach 0.37 in one year’s time.
Technical Analysis of Cleveland-Cliffs Inc (CLF)
Cleveland-Cliffs Inc (NYSE: CLF) saw its 5-day average volume 15.53 million, a negative change from its year-to-date volume of 19.8 million. As of the previous 9 days, the stock’s Stochastic %D was 91.98%. Additionally, its Average True Range was 0.62.
During the past 100 days, Cleveland-Cliffs Inc’s (CLF) raw stochastic average was set at 28.35%, which indicates a significant decrease from 88.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 87.39% in the past 14 days, which was higher than the 76.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.09, while its 200-day Moving Average is $11.42. Nevertheless, the first resistance level for the watch stands at $8.37 in the near term. At $8.56, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.76. If the price goes on to break the first support level at $7.98, it is likely to go to the next support level at $7.78. The third support level lies at $7.59 if the price breaches the second support level.
Cleveland-Cliffs Inc (NYSE: CLF) Key Stats
With a market capitalization of 4.04 billion, the company has a total of 494,485K Shares Outstanding. Currently, annual sales are 19,185 M while annual income is -754,000 K. The company’s previous quarter sales were 4,325 M while its latest quarter income was -447,000 K.
