Cleveland-Cliffs Inc (NYSE: CLF) on Tuesday, soared 0.16% from the previous trading day, before settling in for the closing price of $12.37. Within the past 52 weeks, CLF’s price has moved between $5.63 and $16.70.
The company achieved an average annual earnings per share of -229.66%. With a float of $559.46 million, this company’s outstanding shares have now reached $569.71 million.
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 1.80%, while institutional ownership is 68.82%. 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) Performance Highlights and Predictions
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported -0.68 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.67) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -229.66% 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 0.61 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 0.38.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.40, a number that is poised to hit -0.52 in the next quarter and is forecasted to reach -0.16 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 13.46 million. That was inferior than the volume of 25.3 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 37.68%.
During the past 100 days, Cleveland-Cliffs Inc’s (CLF) raw stochastic average was set at 41.74%, which indicates a significant decrease from 66.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.54 in the past 14 days, which was lower than the 0.60 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.43, while its 200-day Moving Average is $9.93. However, in the short run, Cleveland-Cliffs Inc’s stock first resistance to watch stands at $12.53. Second resistance stands at $12.68. The third major resistance level sits at $12.87. If the price goes on to break the first support level at $12.19, it is likely to go to the next support level at $12.00. Assuming the price breaks the second support level, the third support level stands at $11.85.
Cleveland-Cliffs Inc (NYSE: CLF) Key Stats
Market capitalization of the company is 7.06 billion based on 494,707K outstanding shares. Right now, sales total 19,185 M and income totals -754,000 K. The company made 4,734 M in profit during its latest quarter, and -251,000 K in sales during its previous quarter.
