United States Steel Corporation (X) Shares are Down -6.58%

United States Steel Corporation (X) : During the past 4 weeks, traders have been relatively bearish on United States Steel Corporation (X), hence the stock is down -20.32% 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 -7.07% relative to the S&P 500. The 4-week change in the price of the stock is -21.93% and the stock has fallen -6.58% in the past 1 week.

The stock has recorded a 20-day Moving Average of 16.57% and the 50-Day Moving Average is 25.3%.The 200 Day SMA reached 7.1% United States Steel Corp. has dropped 11.35% during the last 3-month period . Year-to-Date the stock performance stands at 101.58%.


United States Steel Corporation (X) stock is expected to deviate a maximum of $3.26 from the average target price of $17.64 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $23 and the most muted being $12.

Company shares have received an average consensus rating of Hold for the current week United States Steel Corporation (NYSE:X): stock was range-bound between the intraday low of $15.72 and the intraday high of $16.25 after having opened at $15.79 on Fridays session. The stock finally closed in the red at $15.79, a loss of -0.93%. The stock remained in the red for the whole trading day. The total traded volume was 15,740,364 shares. The stock failed to cross $16.25 in Fridays trading. The stocks closing price on Thursday was $15.91.

United States Steel Corporation (U. S. Steel) is a steel producer. The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe. The Company operates through three segments: Flat-rolled Products (Flat-rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular). The results of the Companys railroad and real estate businesses are combined under the Other Businesses category. The Flat-rolled Products segment includes the operating results of all facilities within U. S. Steels integrated steel plants in the United States, except the Fairfield pipe facility. The USSE segment includes the operating results of U. S. Steel Kosice (USSK), the Companys steel plant and coke production facilities in Slovakia. The Tubular segment includes the operating results of U. S. Steels tubular production facilities, primarily in the United States, and equity investees in the United States and Brazil.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *