United States Steel Corporation (X): Today's Featured Metals & Mining Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

United States Steel Corporation ( X) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day down 1.3%. By the end of trading, United States Steel Corporation fell $1.04 (-4.7%) to $21.31 on average volume. Throughout the day, 12.1 million shares of United States Steel Corporation exchanged hands as compared to its average daily volume of 8.8 million shares. The stock ranged in price between $21.16-$21.95 after having opened the day at $21.56 as compared to the previous trading day's close of $22.35. Other companies within the Metals & Mining industry that declined today were: Ossen Innovation ( OSN), down 10.2%, China Shen Zhou Mining & Resources ( SHZ), down 9.1%, North American Palladium ( PAL), down 8.4%, and Metals USA Holdings ( MUSA), down 7.6%.
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United States Steel Corporation engages in the production and sale of steel mill products in North America and Europe. The company operates in three segments: Flat-rolled Products (Flat-rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). United States Steel Corporation has a market cap of $3.22 billion and is part of the basic materials sector. Shares are down 15.5% year to date as of the close of trading on Friday. Currently there are four analysts that rate United States Steel Corporation a buy, two analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates United States Steel Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, disappointing return on equity, poor profit margins, generally disappointing historical performance in the stock itself and deteriorating net income.

On the positive front, Timberline Resources Corporation ( TLR), up 11.8%, Quest Rare Minerals ( QRM), up 11.7%, Tasman Metals ( TAS), up 8.6%, and USEC ( USU), up 7.5%, were all gainers within the metals & mining industry with Anglogold Ashanti ( AU) being today's featured metals & mining industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).

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