U.S. Steel has overhead space with shares priced $24.95, or 21.6% below the average consensus analyst price target of $31.83. The stock should find initial resistance at its 50-day moving average (MA) of $25.07 and further resistance at its 200-day MA of $37.64.
U.S. Steel share prices have moved between a 52-week high of $64.03 and a 52-week low of $18.85 and are now trading 32% above that low price at $24.95 per share. Over the past week, the 200-day moving average (MA) has gone down 1.2% while the 50-day MA has advanced 1.1%.
United States Steel Corporation is an integrated steel producer with production operations in North America and Europe. The Company's operations include coke production in both North America and Europe and iron ore pellets in North America, transportation services (railroad and barge operations), real estate operations, and engineering and consulting services in North America. For the latest updates on the stock market, visit Stock Market Today
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