Cleveland-Cliffs Inc (NYSE: CLF) on Monday, plunged -2.36% from the previous trading day, before settling in for the closing price of $8.88. Within the past 52 weeks, CLF’s price has moved between $6.17 and $18.10.
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A company in the Basic Materials sector has jumped its sales by 90.00% annually for the last half of the decade. The company achieved an average annual earnings per share of -25.28%. With a float of $485.39 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 Updates
Observing investor behavior towards Steel industry stocks is more important than anything else. The insider ownership of Cleveland-Cliffs Inc is 1.84%, while institutional ownership is 72.63%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -25.28% per share during the next fiscal year.
Cleveland-Cliffs Inc (NYSE: CLF) Trading Performance Indicators
Cleveland-Cliffs Inc (CLF) is currently performing well based on its current performance indicators. A quick ratio of 0.55 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.57, a number that is poised to hit -0.82 in the next quarter and is forecasted to reach 0.42 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 15.91 million. That was inferior than the volume of 19.57 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 81.58%. Additionally, its Average True Range was 0.57.
During the past 100 days, Cleveland-Cliffs Inc’s (CLF) raw stochastic average was set at 38.27%, which indicates a significant decrease from 77.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.41% in the past 14 days, which was lower than the 76.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.77, while its 200-day Moving Average is $11.24. However, in the short run, Cleveland-Cliffs Inc’s stock first resistance to watch stands at $8.83. Second resistance stands at $9.00. The third major resistance level sits at $9.11. If the price goes on to break the first support level at $8.55, it is likely to go to the next support level at $8.44. Assuming the price breaks the second support level, the third support level stands at $8.27.
Cleveland-Cliffs Inc (NYSE: CLF) Key Stats
Market capitalization of the company is 4.29 billion based on 494,485K outstanding shares. Right now, sales total 19,185 M and income totals -754,000 K. The company made 4,325 M in profit during its latest quarter, and -447,000 K in sales during its previous quarter.
