United States Steel Corporations in-depth stock price analysis indicates that the stock price has rallied 31.61% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 90% . Looking at the past 52 week period, the stock price is up at 408.11% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of United States Steel Corporation has a positive value of 105.67 compared to overall market. United States Steel Corporation (NYSE:X) has climbed 11.31% in the past week and advanced 14.99% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 10.41% and the outperformance has advanced to 12.93% for the last 4 weeks period.
United States Steel Corporation (NYSE:X) : On Friday heightened volatility was witnessed in United States Steel Corporation (NYSE:X) which led to swings in the share price. The stock opened for trading at $37.82 and hit $38.21 on the upside , eventually ending the session at $37.6, with a gain of 0.59% or 0.22 points. The heightened volatility saw the trading volume jump to 16,612,339 shares. The 52-week high of the share price is $39.14 and the company has a market cap of $6,484 million. The 52-week low of the share price is at $6.67 .
United States Steel Corporation Last issued its quarterly earnings results on Jan 31, 2017. The company reported $0.27 EPS for the quarter, beating the analyst consensus estimate by $ 0.29. Analyst had a consensus of $-0.02. The company had revenue of $2650.00 million for the quarter, compared to analysts expectations of $2665.66 million. The companys revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.23 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.United States Steel Corporation was Upgraded by Argus to Buy on Feb 6, 2017. Company shares were Reiterated by Barclays on Feb 6, 2017 to Equal Weight, Raises Price Target to $ 35 from a previous price target of $29 .United States Steel Corporation was Upgraded by BofA/Merrill to Buy on Feb 2, 2017. United States Steel Corporation was Downgraded by Citigroup to Neutral on Jan 19, 2017. United States Steel Corporation was Downgraded by Credit Suisse to Neutral on Jan 12, 2017.
Company has reported several Insider transactions to the SEC, on Dec 9, 2016, Mario Longhi Filho (President & CEO) sold 111,550 shares at 36.60 per share price.On Dec 8, 2016, Sara A. Greenstein (Sr. VP – Consumer Solutions) sold 2,128 shares at 35.99 per share price.On Dec 6, 2016, David J. Rintoul (Sr. VP – Tubular Business) sold 16,353 shares at 33.48 per share price.
United States Steel manufactures and sells a variety of steel mill products, coke and taconite pellets. Primary steel operations are the Gary (Indiana) Works, the Fairfield (Alabama) Works near Birmingham, the Mon Valley Works ( which includes the Edgar Thomson steelmaking and Irvin finishing operations) on the Monongahela River near Pittsburgh, and U. S. Steel Kosice in the Slovak Republic.