United States Steel Corp (X) concluded trading on Thursday at a closing price of $39.27, with 10.35 million shares of worth about $406.54 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.48% during that period and on February 06, 2025 the price saw a gain of about 3.56%. Currently the company’s common shares owned by public are about 225.18M shares, out of which, 222.39M shares are available for trading.
Stock saw a price change of 7.50% in past 5 days and over the past one month there was a price change of 19.18%. Year-to-date (YTD), X shares are showing a performance of 15.53% which decreased to -13.69% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $26.92 but also hit the highest price of $48.12 during that period. The average intraday trading volume for United States Steel Corp shares is 6.79 million. The stock is currently trading 7.55% above its 20-day simple moving average (SMA20), while that difference is up 10.50% for SMA50 and it goes to 5.45% higher than SMA200.
United States Steel Corp (NYSE: X) currently have 225.18M outstanding shares and institutions hold larger chunk of about 87.25% of that.
The stock has a current market capitalization of $8.84B and its 3Y-monthly beta is at 1.88. PE ratio of stock for trailing 12 months is 26.32, while it has posted earnings per share of $1.49 in the same period. Its PEG reads 1.82 and has Quick Ratio of 0.91 while making debt-to-equity ratio of 0.37. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for X, volatility over the week remained 3.51% while standing at 3.51% over the month.
Stock’s fiscal year EPS is expected to drop by -9.93% while it is estimated to increase by 74.83% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on February 03, 2025 offering an Equal-weight rating for the stock and assigned a target price range of between $39 and $39 to it. Coverage by BofA Securities stated United States Steel Corp (X) stock as a Neutral in their note to investors on January 06, 2025, suggesting a price target of $35 for the stock. On September 09, 2024, JP Morgan Upgrade their recommendations, while on September 06, 2024, Exane BNP Paribas Upgrade their ratings for the stock with a price target of $40. Stock get an Outperform rating from BMO Capital Markets on June 26, 2024.
