|Bid||22.42 x 900|
|Ask||22.60 x 1000|
|Day's Range||22.06 - 22.80|
|52 Week Range||15.88 - 30.57|
|Beta (5Y Monthly)||2.20|
|PE Ratio (TTM)||1.89|
|Earnings Date||Jan 26, 2022 - Jan 31, 2022|
|Forward Dividend & Yield||0.20 (0.89%)|
|Ex-Dividend Date||Nov 05, 2021|
|1y Target Est||33.05|
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United States Steel (X) closed the most recent trading day at $22.57, moving +0.85% from the previous trading session.
The Russell 1000 Index is a market-capitalization-weighted index of the 1,000 largest publicly traded companies in the U.S. It represents approximately 92% of the total market capitalization of all listed stocks in the U.S. equity market. Value investing is a factor-based investing strategy that involves picking stocks that you believe are trading for less than what they are intrinsically worth, usually by measuring the ratio of the stock's price to one or more fundamental business metrics. Value investors believe that if a business is cheap compared to its intrinsic value, (as measured by its P/E ratio, in this case) the stock price may rise faster than that of others as the price comes back in line with the worth of the company.
Despite the slowdown in the automotive space due to the chip crunch, strong demand elsewhere along with supply disruptions due to outages are likely to lend support to steel prices through the balance of 2021.