Cleveland-Cliffs Inc (NASDAQ: CLF) Profit Outlook

Cleveland-Cliffs Inc day trading at USD 5.81 per share, then rallying to 6 and closing at USD 5.93 per share. A net gain of 2.65% for the day. Long term pricing analysis shows the stock trading at 48.32% lower than it’s 52week high and -117.91% higher than the 52week low. The share volume traded for the day was 10,652K which was 0 times the 50 Day Average Volume.

Cleveland-Cliffs Inc had a market cap of 2,363,756K as of 4th June 2020. The Earnings Per Share (EPS) for Q4 2019 is $0.95

Cleveland-Cliffs Inc formerly Cliffs Natural Resources, is a Cleveland, Ohio-based company that specializes in the mining, beneficiation, and pelletizing of iron ore. The company is a public company.

Financial Results

Cleveland-Cliffs Inc Reports First Quarter Of Fiscal 2020.

  • The Company reported total revenues of $359 million, compared to the prior year’s first-quarter consolidated revenues of $157 million.
  • The Company recorded a net loss of $49 million, or $0.18 per diluted share, which included $66 million, or $0.22 per diluted share, of acquisition costs, severance, and inventory step-up amortization.

Cleveland-Cliffs Inc (4th June 2020): The Institutional Ownership as of today stood at 68.24% and the Total Value of Holdings (millions) is $ 1,578.

New Institutional Holders and other activity – As of today, the total number of shares held is 271,994,540 by 416 institutional holders.

LATEST NEWS:

30-May-2020:- PNC Financial Services Group Inc. Increases Position in Cleveland-Cliffs Inc (NYSE: CLF) – Modern Readers

PNC Financial Services Group Inc. grew its stake in Cleveland-Cliffs Inc (NYSE: CLF) by 5.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 237,527 shares of the mining company’s stock after acquiring an additional 11,382 shares during the quarter.

29-May-2020:- Cigna Investments Inc. New Acquires Shares of 10,206 Cleveland-Cliffs Inc (NYSE: CLF)

Cigna Investments Inc. New acquired a new stake in shares of Cleveland-Cliffs Inc (NYSE: CLF) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,206 shares of the mining company’s stock, valued at approximately $41,000.

29-May-2020:- Cleveland-Cliffs Inc (NYSE: CLF) Shares Sold by UBS Group AG

UBS Group AG decreased its position in shares of Cleveland-Cliffs Inc (NYSE: CLF) by 24.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 575,690 shares of the mining company’s stock after selling 189,949 shares during the quarter.

Leave a Reply

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