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United States Steel Corporation (NYSE:X) traded today at a new 52-week high of $38.85. Approximately 5.6 million shares have changed hands today, as compared to an average 30-day volume of 21.3 million shares.
United States Steel Corporation (NYSE:X) defies analysts with a current price ($38.64) 5.5% above its average consensus price target of $36.50.
United States Steel Corp operates primarily in the United States but also has a steelmaking capacity in Slovakia. The company's operating segments include North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment includes U. S. Steel's integrated steel plants and equity investees in North America involved in the production of slabs, strip mill plates, sheets, and tin mill products, as well as all iron ore and coke production facilities in the United States. It primarily serves North American customers in the service center, conversion, transportation, construction, container, and appliance, and electrical markets.
In the past 52 weeks, shares of United States Steel Corporation have traded between a low of $17.98 and a high of $38.85 and is now at $38.64, which is 115% above that low price.
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