United States Steel Corporation (X) : Mondays money flow analysis of United States Steel Corporation (X) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $93.35 million. In comparison, the inflow of money on upticks was a meager $84.53 million. The dollar value of composite uptick trades minus the downtick trades was negative $8.82 million. The uptick to downtick ratio of 0.91 in the money flow shows weakness. The uptick block trades were valued at $9.87 million. The downtick transaction value was high at $21.08 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.47. Hence, the net money flow in the stock was negative ($11.21 million). United States Steel Corporation (X) gained $1.24 at $22.3, a change of 5.89% over the previous days close.
United States Steel Corp. has dropped 13.67% in the last five trading days, however, the shares have posted positive gains of 3.05% in the last 4 weeks. United States Steel Corp. is up 57.67% in the last 3-month period. Year-to-Date the stock performance stands at 182.54%.
United States Steel Corporation (NYSE:X): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $21.66 and $21.39 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $22.61. The buying momentum continued till the end and the stock did not give up its gains. It closed at $22.30, notching a gain of 5.89% for the day. The total traded volume was 18,820,353 . The stock had closed at $21.06 on the previous day.
In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of United States Steel Corp, Mascarenas Paul Anthony had purchased shares worth of $18,900 in a transaction dated on May 5, 2016. A total of 1,000 shares were purchased at a price of $18.9 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
United States Steel Corporation (U. S. Steel) is a steel producer. The Company is engaged in producing flat-rolled and tubular products with production operations in North America and Europe. The Company operates through three segments: Flat-rolled Products (Flat-rolled), U. S. Steel Europe (USSE) and Tubular Products (Tubular). The results of the Companys railroad and real estate businesses are combined under the Other Businesses category. The Flat-rolled Products segment includes the operating results of all facilities within U. S. Steels integrated steel plants in the United States, except the Fairfield pipe facility. The USSE segment includes the operating results of U. S. Steel Kosice (USSK), the Companys steel plant and coke production facilities in Slovakia. The Tubular segment includes the operating results of U. S. Steels tubular production facilities, primarily in the United States, and equity investees in the United States and Brazil.