Shares of Cliffs Natural Resources (CLF) Sees Large Inflow of Net Money Flow

Cliffs Natural Resources (CLF) : The money flow analysis of Cliffs Natural Resources (CLF) indicates a $3 million of outflow was on downticks, whereas, the investors on Wednesday gobbled up stocks worth $5.33 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.78 and so was the total money flow at $2.33 million. A solid up-down ratio of 5.79 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $1.56 million worth of block trades on upticks. Only $0.27 million worth of the stock exchanged hands on downticks. The money flow was $1.29 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Cliffs Natural Resources (CLF), pushing it down by -0.83% for the day. The stock slid $0.05 and traded at $6.01 during the day. Nonetheless, the stock is -2.12% over the previous weeks close.


Shares of Cliffs Natural Resources Inc. rose by 2.11% in the last five trading days and 4.48% for the last 4 weeks. Cliffs Natural Resources Inc. is up 22.09% in the last 3-month period. Year-to-Date the stock performance stands at 298.73%.

Cliffs Natural Resources (CLF) : The consensus on Cliffs Natural Resources (CLF) based on 6 analyst recommendation on the company stock is 2.78, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Cliffs Natural Resources (CLF).

Cliffs Natural Resources (NYSE:CLF): The stock opened at $6.12 and touched an intraday high of $6.31 on Wednesday. During the day, the stock corrected to an intraday low of $5.92, however, the bulls stepped in and pushed the price higher to close in the green at $6.3 with a gain of 3.96% for the day. The total traded volume for the day was 8,822,447. The stock had closed at $6.06 in the previous trading session.

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.

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