Thursday, 21 February, 2019

United States Steel Corp. (NYSE:X)

Nellie Chapman | 07 February, 2018, 07:14

Trading volume for United States Steel Corp. was 13.41 Million in its previous trading session.

Other analysts have also issued research reports about the company.

The stock of AK Steel Holding Corporation and ContraVir Pharmaceuticals, Inc. were two of the most active stocks on Friday. Because price target projections are essentially the opinions of covering analysts, they have the ability to vary widely from one analyst to another.

Taking a broader look at the analyst consensus, according to 12 analysts AK Steel Holding Corp (NYSE:AKS)'s price will reach at $6.23 during 52 weeks. State Street Corp owns 13.72M shares for 0.01% of their portfolio. ValuEngine upgraded United States Steel from a "hold" rating to a "buy" rating in a research report on Friday. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.70, which implies that analysts are generally neutral in their outlook for AKS over the next year. Vertical Group started coverage on United States Steel in a research report on Tuesday, January 30th.

The company's ATR (Average True Range) is 3.97. United States Steel has a fifty-two week low of $18.55 and a fifty-two week high of $41.83. The company operates in the Basic Materials sector with a market capitalization of 6.3 Million.

United States Steel Corporation (NYSE:X) has risen 45.54% since February 6, 2017 and is uptrending. The basic materials company reported $0.92 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.67 by $0.25. Northern Trust Corp raised its holdings in AK Steel by 3.6% during the 2nd quarter. The firm had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.50 billion. Aqr Capital Mngmt Ltd Liability Company has 200,132 shares for 0% of their portfolio. Comparatively, AK Steel Holding Corporation posted earnings of $0.23 per share in the same quarter past year. Investors of record on Friday, February 9th will be issued a $0.05 dividend. The ex-dividend date is Thursday, February 8th. This represents a $0.20 dividend on an annualized basis and a yield of 0.59%. If you are reading this news story on another publication, it was copied illegally and reposted in violation of United States & global copyright and trademark laws. Also, VP David J. Rintoul sold 10,000 shares of the business's stock in a transaction on Tuesday, January 23rd. The stock price value Change from Open was at 0.95% with a Gap of -2.54%. Following the transaction, the chief executive officer now directly owns 179,567 shares in the company, valued at $7,173,701.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The stock was sold at an average price of $30.00, for a total transaction of $291,000.00.

The company's quick ratio for most recent quarter is 1.20. The disclosure for this sale can be found here. The volatility in the previous week has experienced by 8.15% and observed of 4.40% in the previous month.

Currently, 0.50% of NVIDIA Corporation (NASDAQ:NVDA) are owned by insiders with 63.68% six-month change in the insider ownership. BlackRock Inc. lifted its holdings in shares of United States Steel by 0.4% in the second quarter. Rwc Asset Management Llp acquired 70,577 shares as United States Stl Corp New (X)'s stock declined 50.78%. Moreover, Balyasny Asset Management Ltd Co has 0.02% invested in AK Steel Holding Corporation (NYSE:AKS) for 893,422 shares. The volume of the company in the last trading session was 25.75 Million. NJ State Employees Deferred Compensation Plan purchased a new stake in United States Steel during the 3rd quarter worth approximately $205,000. Adjusted net earnings for the fourth quarter 2017 were $136 million, or 76 cents per diluted share. It also reduced Lilly Eli & Co (NYSE:LLY) stake by 21,308 shares and now owns 356,765 shares. Nationwide Fund Advisors now owns 306,062 shares of the basic materials company's stock valued at $6,776,000 after buying an additional 10,031 shares during the period. We will analyze the growth, profitability, risk, valuation, and insider trends of both companies and see which one investors prefer.

ILLEGAL ACTIVITY NOTICE: This news story was first posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are reading this news story on another site, it was illegally stolen and reposted in violation of United States and worldwide copyright laws. New purchased a new stake in United States Steel during the 4th quarter worth approximately $220,000.