(VIANEWS) – The NYSE ended the session with Cliffs Natural Resources (CLF) jumping 10.35% to $20.64 on Tuesday while NYSE jumped 0.33% to $16,664.21.
Cliffs Natural Resources’s last close was $18.70, 18.09% below its 52-week high of $22.83.
About Cliffs Natural Resources
Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company offers hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, galvannealed, aluminized, galvalume, enameling, and advanced high-strength steel products; stainless steel products; plates; and grain oriented and non-oriented electrical steel products. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing. In addition, the company offers tinplate products, such as electrolytic tin coated and chrome coated sheet, and tin mill products; tooling and sampling; raw materials; ingots, rolled blooms, and cast blooms; and hot-briquetted iron products. Further, it owns five iron ore mines in Minnesota and Michigan. The company serves automotive, infrastructure and manufacturing, distributors and converters, and steel producers. Cleveland-Cliffs Inc. was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. The company was founded in 1847 and is headquartered in Cleveland, Ohio.
Earnings Per Share
As for profitability, Cliffs Natural Resources has a trailing twelve months EPS of $0.67.
PE Ratio
Cliffs Natural Resources has a trailing twelve months price to earnings ratio of 30.8. Meaning, the purchaser of the share is investing $30.8 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.92%.
Volatility
Cliffs Natural Resources’s last week, last month’s, and last quarter’s current intraday variation average was 2.90%, 0.60%, and 1.73%.
Cliffs Natural Resources’s highest amplitude of average volatility was 3.18% (last week), 1.56% (last month), and 1.73% (last quarter).
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