Cleveland-Cliffs Inc. (NYSE:CLF) went up by 4.89% from its latest closing price when compared to the 1-year high value of $13.10 and move down -52.68%, while CLF stocks collected -1.38% of loss with the last five trading sessions.
Cleveland-Cliffs Inc. (NYSE:CLF) Worth an Investment?
Cleveland-Cliffs Inc. (NYSE: CLF) scored price to earnings ratio above its average ratio, recording 2.70 times of increase in earnings at the present.
CLF Market Performance
CLF stocks went down by -1.38% for the week, with the monthly drop of -19.44% and a quarterly performance of -13.94%, while its annual performance rate touched -16.86%. The simple moving average for the period of the last 20 days is -15.33% for CLF stocks with the simple moving average of -12.79% for the last 200 days.
Analysts’ Opinion on Cleveland-Cliffs Inc. (NYSE:CLF)
Many brokerage firms have already submitted their reports for CLF stocks, with Credit Suisse repeating the rating for CLF shares by setting it to “Outperform”. The predicted price for CLF socks in the upcoming period according to Credit Suisse is $14 based on the research report published on April 26, 2019.
Cowen, on the other hand, stated in their research note that they expect to see CLF stock at the price of $11, previously predicting the value of $8.50. The rating they have provided for CLF stocks is “Market Perform” according to the report published on February 7, 2019.
Cowen gave “Market Perform” rating to CLF stocks, setting the target price at $8.50 in the report published on January 9, 2019.
CLF Stocks -15.20% Far from 50 Day Moving Average
After a stumble in the market that brought CLF to its low price for the period of the last 52 weeks, Cleveland-Cliffs Inc. was unable to take a rebound, for now settling with -34.50% of loss for the given period.
The stock volatility was left at 4.68%, however, within the period of a single month, the volatility rate increased by 4.79%, while the shares sank at the distance of -21.79% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -4.35% lower at the present time.
In the course of the last 5 trading sessions, CLF went down by -1.38%, which changed the moving average for the period of 200 days to the total of -15.80% of losses for the stock in comparison to the 20-day moving average settled at $10.01. In addition, Cleveland-Cliffs Inc. saw 11.57% in overturn over the period of a single year with a tendency to cut further gains.
CLF Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Cleveland-Cliffs Inc. (CLF), starting from Fisher Robert P Jr, who bought 3,000 shares at the price of $8.84 back on Aug 08. After this action, Rushing now owns 117,091 shares of Cleveland-Cliffs Inc., valued at $26,520 with the latest closing price.
BALDWIN JOHN T, the Director of Cleveland-Cliffs Inc., bought 6,000 shares at the value of $8.70 during a trade that took place back on Aug 08, which means that BALDWIN JOHN T is holding 107,727 shares at the value of $52,200 based on the most recent closing price.
CLF Stock Fundamentals
The current profitability levels are settled at +14.24 for the present operating margin and +20.35 for gross margin. The net margin for Cleveland-Cliffs Inc. stands at +54.45. Total capital return value is set at 12.17, while invested capital returns managed to touch 46.72. Equity return holds the value 535.90%, with 35.50% for asset returns.
Based on Cleveland-Cliffs Inc. (CLF), the company’s capital structure generated 503.80 points for debt to equity in total, while total debt to capital is set at the value of 83.44. Total debt to assets is settled at the value of 51.47 with long-term debt to equity ratio rests at 503.80 and long-term debt to capital is 83.44.
EBITDA value lies at +173.20 M with total debt to EBITDA carrying the value of 5.92. The value for Enterprise to Sales is 1.72 with debt to enterprise value settled at 0.60. The receivables turnover for Cleveland-Cliffs Inc. is 7.12 with the total asset turnover at the value of 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.16.