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. Cleveland-Cliffs Inc’s current trading price is -54.96% away from its 52-week high, while its distance from the 52-week low is 15.07%. The stock’s price range over this period has fluctuated between $8.99 and $22.97. The company, operating within the financial sector, had a trading volume of approximately 9.45 million for the day, which was noticeably lower than the average daily share volume of 14.38 million over the last 3 months.
In terms of market performance, Cleveland-Cliffs Inc had a fairly uneven. The highest value for the stock in the past year was $22.97 on 04/04/24, and the lowest value was recorded at $8.99 on 12/30/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Cleveland-Cliffs Inc (CLF) has experienced a quarterly decline of -18.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.11B and boasts a workforce of 28000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.97, with a change in price of -2.43. Similarly, Cleveland-Cliffs Inc recorded 14,142,523 in trading volume during the last 100 days, posting a change of -19.09%.
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 CLF stands at 0.55. Similarly, the long-term debt-to-equity ratio is also 0.55.
CLF Stock Stochastic Average
Today’s raw stochastic average for Cleveland-Cliffs Inc over the last 50 days is 24.04%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 49.61%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 33.41% and 27.61%, respectively.
CLF 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. This year’s metric has recorded a Price increase of 10.05%. However, over the past six months, we’ve seen a stronger performance of -36.02%. The price of CLF leaped by -15.34% over the last 30 days. And in the last five days, it has surged by 8.89%.
