Cleveland-Cliffs Inc (CLF) soared 6.61 in the last month: It’s impossible to believe the numbers

Zack King

On Monday, Cleveland-Cliffs Inc (NYSE: CLF) was 6.61% up from the session before settling in for the closing price of $11.2. A 52-week range for CLF has been $5.63 – $16.70.

When this article was written, the company’s average yearly earnings per share was at -229.46%. With a float of $559.32 million, this company’s outstanding shares have now reached $569.71 million.

Cleveland-Cliffs Inc (CLF) Insider Updates

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 1.82%, while institutional ownership is 68.83%. 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

Going through the last 3-months fiscal report unveiled on the 12/31/2024, it has been observed that the corporation posted -0.68 earnings per share (EPS) during the time that was less than consensus figure (set at -0.67) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.17 per share during the current 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 0.37.

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 -0.15 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 23.72 million. That was inferior than the volume of 25.84 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 70.76%.

During the past 100 days, Cleveland-Cliffs Inc’s (CLF) raw stochastic average was set at 43.27%, which indicates a significant decrease from 99.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.66 in the past 14 days, which was higher than the 0.60 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.26, while its 200-day Moving Average is $9.87. However, in the short run, Cleveland-Cliffs Inc’s stock first resistance to watch stands at $12.23. Second resistance stands at $12.53. The third major resistance level sits at $13.09. If the price goes on to break the first support level at $11.37, it is likely to go to the next support level at $10.81. Assuming the price breaks the second support level, the third support level stands at $10.51.

Cleveland-Cliffs Inc (NYSE: CLF) Key Stats

There are 494,707K outstanding shares of the company, which has a market capitalization of 6.80 billion. As of now, sales total 19,185 M while income totals -754,000 K. Its latest quarter income was 4,734 M while its last quarter net income were -251,000 K.

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