In a filing, United States Steel Corp. revealed its Former Director Jaycox Kenneth E acquired Company’s shares for reported $0.13 million on Sep 18 ’24. In the deal valued at $37.50 per share,3,500 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, BURRITT DAVID B sold 252,458 shares, generating $12,626,182 in total proceeds. Upon selling the shares at $50.01, the Pres. & CEO now owns 581,609 shares.
Before that, Brown Daniel R sold 5,000 shares. United States Steel Corp. shares valued at $248,850 were divested by the SVP Adv. Tech. Steelmaking at a price of $49.77 per share. As a result of the transaction, Brown Daniel R now holds 86,968 shares, worth roughly $3.07 million.
JP Morgan upgraded its United States Steel Corp. [X] rating to an Overweight from a a Neutral in a research note published on September 09, 2024; the price target was increased to $42 from $40. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who increased its forecast for the stock in early September from “a Neutral” to “an Outperform”. BMO Capital Markets also remained covering X and has increased its forecast on June 26, 2024 with a “an Outperform” recommendation from previously “Market perform” rating. Jefferies started covering the stock on May 20, 2024. It rated X as “a Buy”.
Price Performance Review of X
On Tuesday, United States Steel Corp. [NYSE:X] saw its stock fall -0.37% to $35.26. Over the last five days, the stock has gained 0.74%. United States Steel Corp. shares have fallen nearly -27.52% since the year began. Nevertheless, the stocks have risen 6.62% over the past one year. While a 52-week high of $50.20 was reached on 01/24/24, a 52-week low of $26.92 was recorded on 09/04/24. SMA at 50 days reached $37.37, while 200 days put it at $40.66.
Levels Of Support And Resistance For X Stock
The 24-hour chart illustrates a support level at 35.06, which if violated will result in even more drops to 34.86. On the upside, there is a resistance level at 35.53. A further resistance level may holdings at 35.80. The Relative Strength Index (RSI) on the 14-day chart is 45.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.65%. Stochastics %K at 21.64% indicates the stock is a holding.
How much short interest is there in United States Steel Corp.?
A steep rise in short interest was recorded in United States Steel Corp. stocks on 2024-09-13, growing by 5.52 million shares to a total of 23.48 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 17.96 million shares. There was a rise of 23.5%, which implies that there is a positive sentiment for the stock.
