Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Cleveland-Cliffs Inc’s current trading price is -53.86% away from its 52-week high, while its distance from the 52-week low is 34.99%. The stock’s price range during this period has varied between $5.63 and $16.47. The company, active in the Basic Materials sector, saw a trading volume of around 37.81 million for the day, considerably higher average daily volume of 27.9 million observed over the last three months.
Cleveland-Cliffs Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $16.47 on 07/15/24, and the lowest price during the same period was recorded at $5.63 on 05/30/25.
How Financial Performance Impacts Market Capitalization
Cleveland-Cliffs Inc (CLF) has experienced a quarterly decline of -22.53% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.76B and boasts a workforce of 30000 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How CLF’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for CLF stands at 1.22. Similarly, the long-term debt-to-equity ratio is also 1.22.
CLF Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -19.15%.However, over the last six months, we can see a stronger performance of -41.09%. Over the last 30 days, the price of CLF has leaped by -10.48%. And in the last five days, it has surged by 30.36%.
