The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. United States Steel Corp’s current trading price is -37.63% away from its 52-week high, while its distance from the 52-week low is 13.21%. The stock’s price range for this period has been between $26.92 and $48.85 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 31.24 million for the day, a number notably higher than the average daily volume of 4.96 million over the last three months.
United States Steel Corp saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $48.85 on 01/24/24, while the lowest price for the same duration was marked at $26.92 on 09/04/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
United States Steel Corp (X) has experienced a quarterly decline of -12.77% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.41B 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 36.77, with a change in price of -10.63. Similarly, United States Steel Corp recorded 6,391,992 in trading volume during the last 100 days, posting a change of -25.86%.
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 0.37. Similarly, the long-term debt-to-equity ratio is also 0.36.
X Stock Stochastic Average
As of today, United States Steel Corp’s raw stochastic average for the last 50 days stands at 5.57%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 7.61%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 26.46% and 32.29%, respectively.
X Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -10.36% this year. Over the last six months, there has been a stronger performance of -21.27%. The price of X leaped by -19.11% during the last 30 days period. For the last 5-days stocks have slided -1.71%.
