Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. United States Steel Corp’s current trading price is -35.96% away from its 52-week high, while its distance from the 52-week low is 16.48%. The stock’s price range during this period has varied between $26.92 and $48.95. The company, active in the Basic Materials sector, saw a trading volume of around 2.59 million for the day, considerably lower average daily volume of 4.84 million observed over the last three months.
United States Steel Corp had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $48.95 on 12/29/23, while the lowest price during the same period was $26.92 on 09/04/24.
How Financial Performance Impacts Market Capitalization
United States Steel Corp (X) has experienced a quarterly decline of -17.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.06B and boasts a workforce of 21803 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 37.30, with a change in price of -8.90. Similarly, United States Steel Corp recorded 5,854,862 in trading volume during the last 100 days, posting a change of -22.09%.
How X’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for X stands at 0.37. Similarly, the long-term debt-to-equity ratio is also 0.36.
X Stock Stochastic Average
As of today, the raw stochastic average of United States Steel Corp over the last 50 days is at 12.32%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 13.94%. Further, the company’s Stochastic %K and %D values for the last 20 days were 10.43% and 8.48%, respectively.
X Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -35.56%. However, over the past six months, we’ve seen a stronger performance of -15.68%. The price of X leaped by -19.68% over the last 30 days. And in the last five days, it has fallen by -1.85%.
