Cliffs Natural Resources (CLF) : During the past 4 weeks, traders have been relatively bearish on Cliffs Natural Resources (CLF), hence the stock is down -26.9% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.63% relative to the S&P 500. The 4-week change in the price of the stock is -27.05% and the stock has fallen -5.25% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 17.5% and the fifty day Moving Average is 11.85%. Cliffs Natural Resources Inc. is up 87.95% in the last three month period. Year-to-Date the stock performance stands at 265.19%.
Cliffs Natural Resources (CLF) : 5 Wall Street analysts covering Cliffs Natural Resources (CLF) believe that the average level the stock could reach for the short term is $6.7. The maximum price target given is $9 and the minimum target for short term is around $2, hence the standard deviation is calculated at $2.73.
Cliffs Natural Resources (NYSE:CLF): On Fridays trading session , Opening price of the stock was $5.92 with an intraday high of $6.1195. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $5.73. However, the stock managed to close at $5.77, a loss of 2.20% for the day. On the previous day, the stock had closed at $5.9. The total traded volume of the day was 10,411,255 shares.
Cliffs Natural Resources Inc. is a mining and natural resources company. The Company is a supplier of iron ore pellets to the North American steel industry from its mines and pellet plants located in Michigan and Minnesota. The Company also produces low-volatile metallurgical coal in the United States from its mines located in Alabama and West Virginia. In addition, it operates an iron ore mining complex in Western Australia and owns two non-operating iron ore mines in Eastern Canada. The Company operates in segments: U.S. Iron Ore, Asia Pacific Iron Ore and North American Coal. In the United States, it operates five iron ore mines in Michigan and Minnesota and two metallurgical coal operations located in Alabama and West Virginia. Its Asia Pacific operations consist of its Koolyanobbing iron ore mining complex in Western Australia.