Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. United States Steel Corp.’s current trading price is -16.47% away from its 52-week high, while its distance from the 52-week low is 105.54%. The stock’s price range over this period has fluctuated between $20.40 and $50.20. The company, operating within the financial sector, had a trading volume of approximately 3.94 million for the day, which was noticeably lower than the average daily share volume of 4.83 million over the last 3 months.
United States Steel Corp. experienced a rather steady stock market performance. The highest value in the past year was recorded at $50.20 on 12/18/23 and the lowest value was $20.40 on 06/01/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
United States Steel Corp. (X) has experienced a quarterly decline of -13.53% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.38B and boasts a workforce of 21803 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 43.40, with a change in price of +7.85. Similarly, United States Steel Corp. recorded 6,059,507 in trading volume during the last 100 days, posting a change of +23.03%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for X stands at 0.39. Similarly, the long-term debt-to-equity ratio is also 0.38.
X Stock Stochastic Average
Today, United States Steel Corp.’s raw stochastic average for the past 50 days stands at 46.13%, indicating a decline from the raw stochastic average of the last 20 days, which was 50.74%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 43.38% and 42.41% respectively.
X Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -13.81% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 26.79%. Over the past 30 days, the price of X has leaped by -11.61%. And in the last five days, it has surged by 1.28%.
