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 -23.03% away from its 52-week high, while its distance from the 52-week low is 39.70%. The stock’s price range over this period has fluctuated between $26.92 and $48.85. The company, operating within the financial sector, had a trading volume of approximately 1.1 million for the day, which was noticeably lower than the average daily share volume of 6.76 million over the last 3 months.
In terms of market performance, United States Steel Corp had a fairly uneven. The highest value for the stock in the past year was $48.85 on 01/26/24, and the lowest value was recorded 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 -3.39% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.47B 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 36.28, with a change in price of -0.90. Similarly, United States Steel Corp recorded 6,987,939 in trading volume during the last 100 days, posting a change of -2.33%.
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
Today’s raw stochastic average for United States Steel Corp over the last 50 days is 63.91%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 98.11%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 91.31% and 87.05%, 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. This year’s metric has recorded a Price increase of 10.62%. However, over the past six months, we’ve seen a stronger performance of -5.02%. The price of X fallen by 24.76% over the last 30 days. And in the last five days, it has surged by 5.03%.
