United States Steel Corp (NYSE:X) shares, rose in value, with the stock price up by 1.88% to the previous day’s close as strong demand from buyers drove the stock to $43.79.
Actively observing the price movement in the recent trading, the stock is buoying the session at $42.98, falling within a range of $43.1 and $44.86. The value of beta (5-year monthly) is 1.864 whereas the PE ratio is 29.35 over 12-month period. Referring to stock’s 52-week performance, its high was $43.61, and the low was $26.92. On the whole, X has fluctuated by 12.43% over the past month.
With the market capitalization of United States Steel Corp currently standing at about $9.91 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-29. The company’s Forward Dividend Ratio is 0.20, with its dividend yield at 0.46%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 16.58B, with a low estimate of 3.29B and a high estimate of 3.63B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.5B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that X’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.88, with the price of X currently trading nearly 10.38% and 13.86% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 69.51, while the 7-day volatility ratio is showing 3.24% which for the 30-day chart, stands at 4.05%. Furthermore, United States Steel Corp (X)’s beta value is 1.81, and its average true range (ATR) is 1.52.
A comparison of United States Steel Corp (X) with its peers suggests the former has fared considerably weaker in the market. X showed an intraday change of 1.88% in today’s session so far, and over the past year, it grew by 7.62%%.
Data on historical trading for United States Steel Corp (NYSE:X) indicates that the trading volumes over the past 10 days have averaged 6.09 and over the past 3 months, they’ve averaged 6.94 million. According to company’s latest data on outstanding shares, there are 225.18 million shares outstanding.
Nearly 1.67% of United States Steel Corp’s shares belong to company insiders and institutional investors own 90.42% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 16.45 million shares as on 2025-03-14, resulting in a short ratio of 3.62. According to the data, the short interest in United States Steel Corp (X) stood at 732.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 15.61 million. The stock has risen by 28.83% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the X stock heading into the next quarter.
