At the end of the latest market close, Cleveland-Cliffs Inc. (CLF) was valued at $19.80. In that particular session, Stock kicked-off at the price of $19.51 while reaching the peak value of $20.11 and lowest value recorded on the day was $18.96. The stock current value is $19.51.
Recently in News on April 28, 2021, Cleveland-Cliffs Issues Its Sustainability Report 2020 Executive Summary. Cleveland-Cliffs Inc. (NYSE: CLF) today published its Sustainability Report 2020 Executive Summary highlighting the progress toward the achievement of its sustainability goals and reaffirming the company’s agenda to build a more sustainable steel company. Later in the second quarter, the Company will publish its full Sustainability Report 2020 consistent with Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) guidance. You can read further details here
Cleveland-Cliffs Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $22.90 on 05/10/21, with the lowest value was $12.77 for the same time period, recorded on 03/05/21.
Cleveland-Cliffs Inc. (CLF) full year performance was 377.02%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Cleveland-Cliffs Inc. shares are logging -14.78% during the 52-week period from high price, and 413.42% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $3.80 and $22.90.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 28760420 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Cleveland-Cliffs Inc. (CLF) recorded performance in the market was 34.00%, having the revenues showcasing 17.53% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 9.89B, as it employees total of 25000 workers.
Cleveland-Cliffs Inc. (CLF) in the eye of market guru’s
During the last month, 2 analysts gave the Cleveland-Cliffs Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 16.85, with a change in the price was noted +6.03. In a similar fashion, Cleveland-Cliffs Inc. posted a movement of +44.73% for the period of last 100 days, recording 19,934,418 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for CLF is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 2.40.
Cleveland-Cliffs Inc. (CLF): Stocks Technical analysis and Trends
Raw Stochastic average of Cleveland-Cliffs Inc. in the period of last 50 days is set at 66.57%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 52.02%. In the last 20 days, the company’s Stochastic %K was 55.56% and its Stochastic %D was recorded 62.89%.
If we look into the earlier routines of Cleveland-Cliffs Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 34.00%. Additionally, trading for the stock in the period of the last six months notably improved by 133.65%, alongside a boost of 377.02% for the period of the last 12 months. The shares increased approximately by -7.62% in the 7-day charts and went down by 8.51% in the period of the last 30 days. Common stock shares were driven by 17.53% during last recorded quarter.