United States Steel Corporation (NYSE:X) went up by 2.27% from its latest closing price compared to the recent 1-year high of $27.40. The company’s stock price has collected -2.95% of loss in the last five trading sessions. Barron’s reported 11 hours ago that Steel Stocks Are Due for a Fall. What to Know.
Is It Worth Investing in United States Steel Corporation (NYSE :X) Right Now?
Plus, the 36-month beta value for X is at 2.23. Opinions of the stock are interesting as 2 analysts out of 12 who provided ratings for United States Steel Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 6 rated it as “hold,” and 3 as “sell.”
The average price from analysts is $21.76, which is -$2.59 below the current price. X currently public float of 247.78M and currently shorts hold a 13.67% ratio of that float. Today, the average trading volume of X was 21.77M shares.
X’s Market Performance
X stocks went down by -2.95% for the week, with a monthly drop of -12.07% and a quarterly performance of 29.56%, while its annual performance rate touched 199.61%. The volatility ratio for the week stands at 6.19% while the volatility levels for the past 30 days are set at 6.46% for United States Steel Corporation. The simple moving average for the period of the last 20 days is 0.20% for X stocks with a simple moving average of 59.77% for the last 200 days.
Analysts’ Opinion of X
Many brokerage firms have already submitted their reports for X stocks, with Goldman repeating the rating for X by listing it as a “Neutral.” The predicted price for X in the upcoming period, according to Goldman is $25 based on the research report published on April 09th of the current year 2021.
Deutsche Bank gave a rating of “Buy” to X, setting the target price at $28 in the report published on January 08th of the current year.
X Trading at 6.92% from the 50-Day Moving Average
After a stumble in the market that brought X to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.02% of loss for the given period.
Volatility was left at 6.46%, however, over the last 30 days, the volatility rate increased by 6.19%, as shares sank -7.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +35.35% upper at present.
During the last 5 trading sessions, X fell by -2.95%, which changed the moving average for the period of 200-days by +185.84% in comparison to the 20-day moving average, which settled at $22.86. In addition, United States Steel Corporation saw 37.21% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at X starting from Breves Christine S, who sale 24,282 shares at the price of $25.54 back on Apr 05. After this action, Breves Christine S now owns 202,048 shares of United States Steel Corporation, valued at $620,153 using the latest closing price.
Buckiso Scott D, the SVP & Chief Mfg Officer – NAFR of United States Steel Corporation, sale 9,148 shares at $23.00 during a trade that took place back on Mar 29, which means that Buckiso Scott D is holding 124,197 shares at $210,404 based on the most recent closing price.
Stock Fundamentals for X
Current profitability levels for the company are sitting at:
- -7.24 for the present operating margin
- -4.39 for the gross margin
The net margin for United States Steel Corporation stands at -11.96. The total capital return value is set at -8.31, while invested capital returns managed to touch -14.09. Equity return is now at value -51.60, with -15.50 for asset returns.
Based on United States Steel Corporation (X), the company’s capital structure generated 134.94 points at debt to equity in total, while total debt to capital is 57.44. Total debt to assets is 42.37, with long-term debt to equity ratio resting at 128.31. Finally, the long-term debt to capital ratio is 54.61.
When we switch over and look at the enterprise to sales, we see a ratio of 0.67, with the company’s debt to enterprise value settled at 0.78. The receivables turnover for the company is 8.97 and the total asset turnover is 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.67.