A new trading day began on Monday, with Cleveland-Cliffs Inc (NYSE: CLF) stock price down -0.86% from the previous day of trading, before settling in for the closing price of $12.75. CLF’s price has ranged from $5.63 to $14.34 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged -189.44%. With a float of $485.53 million, this company’s outstanding shares have now reached $494.68 million.
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 1.85%, while institutional ownership is 77.42%. The most recent insider transaction that took place on May 23 ’25, was worth 822,036. In this transaction EVP Chief Legal Admin & Sec of this company sold 120,000 shares at a rate of $6.85, taking the stock ownership to the 492,249 shares. Before that another transaction happened on May 23 ’25, when Company’s Officer proposed sale 120,000 for $6.85, making the entire transaction worth $822,038.
Cleveland-Cliffs Inc (CLF) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.33 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.38 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -189.44% 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 0.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.41, a number that is poised to hit -0.42 in the next quarter and is forecasted to reach 0.25 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 24.69 million. That was better than the volume of 24.45 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 78.20%.
During the past 100 days, Cleveland-Cliffs Inc’s (CLF) raw stochastic average was set at 94.09%, which indicates a significant increase from 79.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.58 in the past 14 days, which was higher than the 0.49 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.00, while its 200-day Moving Average is $9.44. However, in the short run, Cleveland-Cliffs Inc’s stock first resistance to watch stands at $12.92. Second resistance stands at $13.19. The third major resistance level sits at $13.38. If the price goes on to break the first support level at $12.46, it is likely to go to the next support level at $12.27. The third support level lies at $12.00 if the price breaches the second support level.
Cleveland-Cliffs Inc (NYSE: CLF) Key Stats
With a market capitalization of 6.25 billion, the company has a total of 494,695K Shares Outstanding. Currently, annual sales are 19,185 M while annual income is -754,000 K. The company’s previous quarter sales were 4,934 M while its latest quarter income was -483,000 K.
