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Recent Change of -0.04% in the United States Steel Corporation (X) market price might lead to pleasant surprises

For the readers interested in the stock health of United States Steel Corporation (X). It is currently valued at $28.20. When the transactions were called off in the previous session, Stock hit the highs of $28.46, after setting-off with the price of $28.19. Company’s stock value dipped to $27.685 during the trading on the day. When the trading was stopped its value was $28.21.Recently in News on January 20, 2023, United States Steel Corporation to Release Fourth Quarter and Full Year 2022 Financial Results on February 2, 2023; Invites Retail and Institutional Investors to Submit Questions. United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the fourth quarter and full year 2022 on Thursday, February 2, 2023, following the close of trading on the New York Stock Exchange. Interested stockholders, investors, and others may listen to the company’s webcast on Friday, February 3, 2023, at 8:30 a.m. ET. The webcast will discuss the fourth quarter and full year 2022 financial results and provide a company update which may include forward-looking information. You can read further details here

United States Steel Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $28.91 on 01/17/23, with the lowest value was $24.33 for the same time period, recorded on 01/04/23.

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United States Steel Corporation (X) full year performance was 32.39%

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, United States Steel Corporation shares are logging -28.15% during the 52-week period from high price, and 71.85% 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 $16.41 and $39.25.

The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 5528297 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the United States Steel Corporation (X) recorded performance in the market was 12.57%, having the revenues showcasing 40.72% 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 6.47B, as it employees total of 24540 workers.

Market experts do have their say about United States Steel Corporation (X)

During the last month, 3 analysts gave the United States Steel Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 2 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 23.17, with a change in the price was noted +2.81. In a similar fashion, United States Steel Corporation posted a movement of +11.07% for the period of last 100 days, recording 9,762,492 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 X is recording 0.38 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.37.

Technical breakdown of United States Steel Corporation (X)

Raw Stochastic average of United States Steel Corporation in the period of last 50 days is set at 91.43%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 84.59%. In the last 20 days, the company’s Stochastic %K was 80.58% and its Stochastic %D was recorded 78.84%.

Bearing in mind the latest performance of United States Steel Corporation, several 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 12.57%. Additionally, trading for the stock in the period of the last six months notably improved by 42.71%, alongside a boost of 32.39% for the period of the last 12 months. The shares increased approximately by -0.53% in the 7-day charts and went down by 11.07% in the period of the last 30 days. Common stock shares were driven by 40.72% during last recorded quarter.

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