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 -22.18% away from its 52-week high, while its distance from the 52-week low is 39.14%. The stock’s price range for this period has been between $26.92 and $48.12 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 3.74 million for the day, a number notably lower than the average daily volume of 7.08 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 $48.12 on 03/06/24, 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 -8.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.43B and boasts a workforce of 22053 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 37.01, with a change in price of +2.19. Similarly, United States Steel Corp recorded 5,997,915 in trading volume during the last 100 days, posting a change of +6.21%.
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
United States Steel Corp’s raw stochastic average for the past 50 days is presently 66.32%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 36.92%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 45.69% and 57.80%, respectively.
X Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. This year’s metric has recorded a Price increase of 10.18%. However, over the past six months, we’ve seen a stronger performance of -1.21%. The price of X fallen by 2.77% over the last 30 days. And in the last five days, it has fallen by -0.79%.
