Large Outflow of Money Witnessed in Cliffs Natural Resources Inc.

Cliffs Natural Resources Inc. (CLF) During the most recent session, the shares traded at 0.01 points or 0.06% higher at $8.78. The money flow data is unimpressive with the net money flow value of $(-1.33) million. As per the intraday data, the upticks measured $6.66 million and the downticks measured $7.99 million. As a result, the up/down ratio registered a value of 0.83. The shares have seen -2.72% price change for the week.A block trade also made an entry with $1.03 million flowing in through upticks while $2.27 million flew out through downticks. The block tradeoff had the up/down ratio of 0.46. The net money flow for this big transaction was $(-1.24) million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Cliffs Natural Resources Inc. has dropped 2.12% in the last five trading days, however, the shares have posted positive gains of 4.4% in the last 4 weeks. Cliffs Natural Resources Inc. is up 59.06% in the last 3-month period. Year-to-Date the stock performance stands at 4.4%. Cliffs Natural Resources Inc. (NYSE:CLF) rose 0.11% or 0.01 points on Wednesday and made its way into the gainers of the day. After trading began at $8.92 the stock was seen hitting $9.115 as a peak level and $8.49 as the lowest level. The stock ended up at $8.78. The daily volume was measured at 11,382,362 shares. The 52-week high of the share price is $10.9 and the 52-week low is $1.48. The company has a market cap of $2,025 million.

Company has reported several Insider transactions to the SEC, on Nov 4, 2016, Robert P Jr Fisher (director) purchased 4,000 shares at 5.66 per share price.On Nov 3, 2016, Eric M Rychel (director) purchased 5,000 shares at 5.55 per share price.On Nov 2, 2016, Susan Miranda Green (director) purchased 1,770 shares at 5.65 per share price.

Cliffs Natural Resources Inc Last issued its quarterly earnings results on Oct 27, 2016. The company reported $-0.11 EPS for the quarter, missing the analyst consensus estimate by $ -0.30. Analyst had a consensus of $0.19. The company had revenue of $553.00 million for the quarter, compared to analysts expectations of $594.82 million. The companys revenue was down -6.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.10 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Cliffs Natural Resources Inc was Upgraded by Morgan Stanley to Equal-Weight on Nov 14, 2016.

CLIFFS NATURAL RESOURCES INC, formerly Cleveland-Cliffs Inc, is an international mining company, a producer of iron ore pellets in North America and a supplier of metallurgical coal to the global steelmaking industry. It operates six iron ore mines in Michigan, Minnesota and Eastern Canada, and three coking coal mines in West Virginia and Alabama. Cliffs also owns 80.4% of Portman, an iron ore mining company in Australia, serving the Asian iron ore markets with direct-shipping fines and lump ore. In addition, it has a 30% interest in the Amapa Project, a Brazilian iron ore project, and a 45% economic interest in the Sonoma Project, an Australian coking and thermal coal project.


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