Cleveland-Cliffs Inc. (CLF) |
15.63 0.22 (1.43%)
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09-29 16:00 |
Open: |
15.55 |
Pre. Close: |
15.41 |
High:
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15.745 |
Low:
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15.37 |
Volume:
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9,238,105 |
Market Cap:
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7,951(M) |
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Technical analysis |
as of: 2023-09-29 4:26:37 PM |
Short-term rate:
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Stoxline posted a BUY today, same as yesterday. Upward movement continues. |
Mid-term rate:
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Target: |
Six months: 18.39 One year: 21.47  |
Support: |
Support1: 14.56 Support2: 13.84 |
Resistance: |
Resistance1: 15.74 Resistance2: 18.39  |
Pivot: |
14.55  |
Moving Average: |
MA(5): 15.15 MA(20): 14.62 
MA(100): 15.56 MA(250): 16.57  |
MACD: |
MACD(12,26): -0.1 Signal(9): -0.3  |
Stochastic oscillator: |
%K(14,3): 93.7 %D(3): 82.4  |
RSI: |
RSI(14): 59.2  |
52-week: |
High: 22.82 Low: 11.82 |
Average Vol(K): |
3-Month: 10,188 (K) 10-Days: 10,621 (K) |
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Price, moving averages and Bollinger Bands |
Price has closed above its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and BEARISH in mid-long term.[ CLF ] has closed Bollinger Bands are 1.5% wider than normal. The current width of the bands does not suggest anything about the future direction or movement of prices. |
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Stock Price Prediction |
Update at 5:00pm EST |
If tomorrow:
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Open lower
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Open higher
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High:
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15.76 - 15.82 |
15.82 - 15.89 |
Low:
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15.21 - 15.28 |
15.28 - 15.36 |
Close:
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15.51 - 15.62 |
15.62 - 15.74 |
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Company Description |
Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company offers carbon steel products, such as hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, hot-dip galvannealed, aluminized, enameling, and advanced high-strength steel products; stainless steel products; plates; and grain oriented and non-oriented electrical steel products. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing. In addition, the company offers tinplate products, such as electrolytic tin coated and chrome coated sheet, and tin mill products; tooling and sampling; raw materials; ingots, rolled blooms, and cast blooms; and hot-briquetted iron products. Further, it owns five iron ore mines in Minnesota and Michigan. The company serves automotive, infrastructure and manufacturing, distributors and converters, and steel producers. Cleveland-Cliffs Inc. was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. The company was founded in 1847 and is headquartered in Cleveland, Ohio. |
Headline News |
Sun, 01 Oct 2023 Douglas Lane & Associates LLC Increases Stake in Cleveland-Cliffs ... - Best Stocks
Thu, 28 Sep 2023 An Intriguing Corporate Alliance ClevelandCliffs and US Steels ... - Best Stocks
Wed, 27 Sep 2023 Cleveland-Cliffs Announces Price Increase for Hot Rolled, Cold ... - Cleveland Cliffs
Tue, 26 Sep 2023 Is it Time to Dump Cleveland-Cliffs Inc (CLF) Stock After it Is Higher By 3.91% in a Week? - InvestorsObserver
Mon, 25 Sep 2023 Cleveland-Cliffs Mourns the Passing of Tom Conway, USW ... - Cleveland Cliffs
Fri, 22 Sep 2023 Is Cleveland-Cliffs Inc (CLF) Stock a Smart Investment Friday? - InvestorsObserver
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Financial Analysis |
Price to Book Value: |
Outperform |
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly. |
Price to Earnings: |
Underperform |
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS). |
Discounted cash flow: |
Outperform |
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows. |
Return on Assets: |
Neutral |
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit. |
Return on Equity: |
Neutral |
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency. |
Debt to Equity: |
Outperform |
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn. |
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Free Technical Analysis Charts
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Stock Basics & Statistics |
Exchange: NYSE |
Sector: Basic Materials |
Industry: Steel |
Shares Out. |
509 (M) |
Shares Float |
500 (M) |
% Held by Insiders
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1.5 (%) |
% Held by Institutions
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65.3 (%) |
Shares Short
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39,730 (K) |
Shares Short P.Month
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29,860 (K) |
Stock Financials |
EPS
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0.44 |
EPS Est Next Qtl
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0 |
EPS Est This Year
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0 |
EPS Est Next Year
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0 |
Book Value (p.s.)
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15.34 |
Profit Margin (%)
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1 |
Operating Margin (%)
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3 |
Return on Assets (ttm)
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2.2 |
Return on Equity (ttm)
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3.6 |
Qtrly Rev. Growth
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-5.6 |
Gross Profit (p.s.)
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4.95 |
Sales Per Share
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43.2 |
EBITDA (p.s.)
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3.24 |
Qtrly Earnings Growth
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-40.8 |
Operating Cash Flow
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1,870 (M) |
Levered Free Cash Flow
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1,430 (M) |
Stock Valuations |
PE Ratio
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34.73 |
PEG Ratio
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-0.5 |
Price to Book value
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1.01 |
Price to Sales
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0.36 |
Price to Cash Flow
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4.25 |
Stock Dividends |
Dividend
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0.05 |
Forward Dividend
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0 |
Dividend Yield
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0.3% |
Dividend Pay Date
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Invalid DateTime. |
Ex-Dividend Date
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Invalid DateTime. |
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