Cleveland-Cliffs Inc (NYSE:CLF) shares traded 23.16% higher at $7.18 on Wall Street last session.
CLF stock price is now -6.50% away from the 50-day moving average and -31.89% away from the 200-day moving average. The market capitalization of the company currently stands at $3.55B.
With the price target maintained at $6, Jefferies recently Downgraded its rating from Buy to Hold for Cleveland-Cliffs Inc (NYSE: CLF). On December 02, 2024, Goldman recently initiated its ‘Buy’ rating on the stock quoting a target price of $16, while ‘Seaport Research Partners’ rates the stock as ‘Buy’
In other news, Graham James D, EVP Chief Legal Admin & Sec sold 120,000 shares of the company’s stock on May 23 ’25. The stock was sold for $822,036 at an average price of $6.85. Upon completion of the transaction, the EVP Chief Legal Admin & Sec now directly owns 492,249 shares in the company, valued at $3.53 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 23 ’25, Officer Graham James D bought 120,000 shares of the business’s stock. A total of $822,038 was incurred on buying the stock at an average price of $6.85. A total of 1.86% of the company’s stock is owned by insiders.
During the past 12 months, Cleveland-Cliffs Inc has had a low of $5.63 and a high of $17.41. As of last week, the company has a debt-to-equity ratio of 1.22, a current ratio of 2.13, and a quick ratio of 0.64.
The net profit margin was -6.35% and return on equity was -17.57% for CLF.
