Cleveland-Cliffs Inc (CLF) kicked off at the price of $12.37: Venture capitalists have an exciting new opportunity

Sana Meer

On Friday, Cleveland-Cliffs Inc (NYSE: CLF) was 2.49% up from the session before settling in for the closing price of $12.07. A 52-week range for CLF has been $5.63 – $14.34.

When this article was written, the company’s average yearly earnings per share was at -189.44%. With a float of $485.53 million, this company’s outstanding shares have now reached $494.68 million.

Cleveland-Cliffs Inc (CLF) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cleveland-Cliffs Inc stocks. The insider ownership of Cleveland-Cliffs Inc is 1.85%, while institutional ownership is 77.41%. 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) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.33 earnings per share (EPS) during the time that was less than consensus figure (set at -0.31) by -0.03. 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

You can see what Cleveland-Cliffs Inc (CLF) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.33.

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 0.29 in one year’s time.

Technical Analysis of Cleveland-Cliffs Inc (CLF)

Analysing the last 5-days average volume posted by the [Cleveland-Cliffs Inc, CLF], we can find that recorded value of 25.33 million was better than the volume posted last year of 24.41 million. As of the previous 9 days, the stock’s Stochastic %D was 81.82%.

During the past 100 days, Cleveland-Cliffs Inc’s (CLF) raw stochastic average was set at 99.85%, which indicates a significant increase from 99.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.53 in the past 14 days, which was higher than the 0.47 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.79, while its 200-day Moving Average is $9.40. Now, the first resistance to watch is $12.48. This is followed by the second major resistance level at $12.59. The third major resistance level sits at $12.80. If the price goes on to break the first support level at $12.16, it is likely to go to the next support level at $11.95. Now, if the price goes above the second support level, the third support stands at $11.84.

Cleveland-Cliffs Inc (NYSE: CLF) Key Stats

There are 494,695K outstanding shares of the company, which has a market capitalization of 6.12 billion. As of now, sales total 19,185 M while income totals -754,000 K. Its latest quarter income was 4,934 M while its last quarter net income were -483,000 K.

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