Cleveland-Cliffs Inc (NYSE: CLF) on Monday, soared 3.93% from the previous trading day, before settling in for the closing price of $13.22. 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 -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
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 68.81%. 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
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 -0.07 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
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 0.42.
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)
Cleveland-Cliffs Inc (NYSE: CLF) saw its 5-day average volume 12.73 million, a negative change from its year-to-date volume of 24.91 million. As of the previous 9 days, the stock’s Stochastic %D was 75.35%.
During the past 100 days, Cleveland-Cliffs Inc’s (CLF) raw stochastic average was set at 59.99%, which indicates a significant decrease from 90.91% 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 0.59 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.44, while its 200-day Moving Average is $10.05. Nevertheless, the first resistance level for the watch stands at $13.95 in the near term. At $14.17, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.44. If the price goes on to break the first support level at $13.47, it is likely to go to the next support level at $13.20. Assuming the price breaks the second support level, the third support level stands at $12.99.
Cleveland-Cliffs Inc (NYSE: CLF) Key Stats
Market capitalization of the company is 7.83 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.
