United States Steel Already 4% Up, Almost Five Hours Before The Market Open

(VIANEWS) – The NYSE opens in less than five hours and United States Steel‘s pre-market value is already 4.77% up.

United States Steel’s last close was $24.52, 37.53% under its 52-week high of $39.25.

The last session, NYSE ended with United States Steel (X) jumping 0.33% to $24.52. NYSE rose 1.15% to $14,830.98, following the last session’s upward trend on what was an all-around bullish trend exchanging session.

About United States Steel

United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. It operates through four segments: North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore and coke. This segment serves customers in the service center, conversion, transportation, automotive, construction, container, appliance, and electrical markets. The Mini Mill segment provides hot-rolled, cold-rolled, and coated sheets and electrical products. This segment serves customers in the automotive, appliance, construction, container, transportation, and service center markets. The USSE segment provides slabs, strip mill plates, sheets, tin mill products, and spiral welded pipes. This segment serves customers in the construction, container, appliance and electrical, service center, conversion, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing products, as well as standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also engages in the real estate business. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.

Earnings Per Share

As for profitability, United States Steel has a trailing twelve months EPS of $-3.15.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 26%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Feb 9, 2023, the estimated forward annual dividend rate is 0.2 and the estimated forward annual dividend yield is 0.7%.

More news about United States Steel (X).

Leave a Reply

Your email address will not be published. Required fields are marked *