Cleveland-Cliffs Inc (NYSE: CLF) on Tuesday, soared 0.53% from the previous trading day, before settling in for the closing price of $13.2. 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 -233.94%. With a float of $560.81 million, this company’s outstanding shares have now reached $569.71 million.
Cleveland-Cliffs Inc (CLF) Insider Activity
Observing investor behavior towards Steel industry stocks is more important than anything else. The insider ownership of Cleveland-Cliffs Inc is 1.56%, 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) Earnings and Forecasts
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 -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -233.94% 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 0.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.40, a number that is poised to hit -0.56 in the next quarter and is forecasted to reach -0.18 in one year’s time.
Technical Analysis of Cleveland-Cliffs Inc (CLF)
Looking closely at Cleveland-Cliffs Inc (NYSE: CLF), its last 5-days average volume was 10.35 million, which is a drop from its year-to-date volume of 11.85 million. As of the previous 9 days, the stock’s Stochastic %D was 29.53%.
During the past 100 days, Cleveland-Cliffs Inc’s (CLF) raw stochastic average was set at 49.85%, which indicates a significant increase from 45.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.39 in the past 14 days, which was lower than the 0.58 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.39, while its 200-day Moving Average is $10.23. However, in the short run, Cleveland-Cliffs Inc’s stock first resistance to watch stands at $13.39. Second resistance stands at $13.52. The third major resistance level sits at $13.60. If the price goes on to break the first support level at $13.18, it is likely to go to the next support level at $13.10. Should the price break the second support level, the third support level stands at $12.97.
Cleveland-Cliffs Inc (NYSE: CLF) Key Stats
Market capitalization of the company is 7.56 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.
