There Is A Quest For Clarity Surrounding United States Steel Corp (NYSE: X) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

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Stocks Info

This NYSE-listed company operates within the Steel industry segment, falling under the Basic Materials sector. The current market capitalization of United States Steel Corp is $9.12B. A total of 7.84 million shares were traded on the day, compared to an average of 6.34M shares.

In the most recent transaction, Jaycox Kenneth E bought 3,500 shares of X for 37.50 per share on Sep 18 ’24. In a previous transaction on Dec 18 ’23, BURRITT DAVID B sold 252,458 shares at 50.01 per share. X shares that Pres. & CEO owns now total 581,609.

Among the insiders who sold shares, Brown Daniel R disposed of 5,000 shares on Dec 18 ’23 at a per-share price of $49.77. This resulted in the SVP Adv. Tech. Steelmaking holding 86,968 shares of X after the transaction. In another insider transaction, Brown Daniel R sold 5,000 shares at $35.00 per share on Nov 24 ’23. Company shares held by the SVP Adv. Tech. Steelmaking now total 91,968.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. United States Steel Corp pays an annual dividend of $0.20, resulting in a dividend yield of 0.49%, and it has a price to earnings (P/E) ratio of 26.50. X’s most recent ex-dividend date was 11/8/2024 when it declared a $0.05 quarterly dividend that was paid in cash on 12/11/2024. Previously, the company paid the dividend on 9/11/2024 with an ex-dividend date of 8/12/2024. The X stock dividend was $0.05 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, X has a high of $50.20 and a low of $26.92.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. X’s latest balance sheet shows that the firm has $2.52B in Cash & Short Term Investments as of fiscal 2021. There were $4.08B in debt and $3.85B in liabilities at the time. Its Book Value Per Share was $51.42, while its Total Shareholder’s Equity was $9.10B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for X is Buy with a score of 4.63.

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