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 metric has seen a significant gain of 5.64% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -34.93%. Over the past 30 days, the price of CLF has fallen by 5.98%. And in the last five days, it has fallen by -3.31%.
Cleveland-Cliffs Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $22.97 on 04/04/24, while the lowest value for the same period was recorded at $8.99 on 12/30/24.
52-week price history of CLF Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Cleveland-Cliffs Inc’s current trading price is -56.77% away from its 52-week high, while its distance from the 52-week low is 10.46%. The stock’s price range during this period has varied between$8.99 and $22.97. The Cleveland-Cliffs Inc’s shares, which operate in the Basic Materials, saw a trading volume of around 10.09 million for the day, a figure considerably lower than their average daily volume of 14.85 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Cleveland-Cliffs Inc (CLF) has experienced a quarterly decline of -23.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.90B and boasts a workforce of 28000 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.69, with a change in price of -3.13. Similarly, Cleveland-Cliffs Inc recorded 13,942,061 in trading volume during the last 100 days, posting a change of -23.97%.
CLF’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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
Cleveland-Cliffs Inc’s raw stochastic average for the past 50 days is presently 22.22%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 58.02%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 60.08% and 57.75%, respectively.
