Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $7.15 in the prior trading day, Cleveland-Cliffs Inc (NYSE: CLF) closed at $7.00, down -2.10%. In other words, the price has decreased by -$2.10 from its previous closing price. On the day, 34.55 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CLF by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 2.13. In the meantime, Its Debt-to-Equity ratio is 1.22 whereas as Long-Term Debt/Eq ratio is at 1.22.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on December 02, 2024, initiated with a Buy rating and assigned the stock a target price of $16.
On August 27, 2024, Seaport Research Partners Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $16.50.
JP Morgan Downgraded its Overweight to Neutral on June 11, 2024, whereas the target price for the stock was revised from $23 to $17.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 10 ’25 when BALDWIN JOHN T bought 4,000 shares for $8.70 per share. The transaction valued at 34,800 led to the insider holds 133,227 shares of the business.
Koci Keith bought 9,500 shares of CLF for $102,742 on Feb 28 ’25. The EVP & President, CC Services now owns 543,475 shares after completing the transaction at $10.81 per share. On Feb 28 ’25, another insider, CRONIN JANE M., who serves as the Director of the company, bought 10,000 shares for $10.56 each. As a result, the insider paid 105,606 and bolstered with 24,522 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 0.55.
Stock Price History:
Over the past 52 weeks, CLF has reached a high of $18.10, while it has fallen to a 52-week low of $6.17. The 50-Day Moving Average of the stock is -17.98%, while the 200-Day Moving Average is calculated to be -36.84%.
Shares Statistics:
A total of 494.49M shares are outstanding, with a floating share count of 485.56M. Insiders hold about 1.84% of the company’s shares, while institutions hold 73.52% stake in the company.
