A new trading day began on Tuesday, with Cleveland-Cliffs Inc (NYSE: CLF) stock price down -0.59% from the previous day of trading, before settling in for the closing price of $13.49. CLF’s price has ranged from $5.63 to $16.70 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged -231.72%. With a float of $560.81 million, this company’s outstanding shares have now reached $569.71 million.
Cleveland-Cliffs Inc (CLF) Insider Updates
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 1.56%, while institutional ownership is 68.81%. 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
In its latest quarterly report, released on 12/31/2024, the company reported earnings of -0.68 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 -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -231.72% 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 0.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.40, a number that is poised to hit -0.54 in the next quarter and is forecasted to reach -0.19 in one year’s time.
Technical Analysis of Cleveland-Cliffs Inc (CLF)
The latest stats from [Cleveland-Cliffs Inc, CLF] show that its last 5-days average volume of 7.95 million was inferior to 24.57 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 67.54%.
During the past 100 days, Cleveland-Cliffs Inc’s (CLF) raw stochastic average was set at 55.48%, which indicates a significant decrease from 64.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.49 in the past 14 days, which was lower than the 0.59 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 $10.15. Now, the first resistance to watch is $13.60. This is followed by the second major resistance level at $13.80. The third major resistance level sits at $13.90. If the price goes on to break the first support level at $13.31, it is likely to go to the next support level at $13.21. Assuming the price breaks the second support level, the third support level stands at $13.01.
Cleveland-Cliffs Inc (NYSE: CLF) Key Stats
With a market capitalization of 7.64 billion, the company has a total of 494,707K Shares Outstanding. Currently, annual sales are 19,185 M while annual income is -754,000 K. The company’s previous quarter sales were 4,734 M while its latest quarter income was -251,000 K.
