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 up 0.5%. By the end of trading, United States Steel Corporation fell 22 cents (-1.1%) to $19.82 on heavy volume. Throughout the day, 11.1 million shares of United States Steel Corporation exchanged hands as compared to its average daily volume of 7.3 million shares. The stock ranged in price between $19.55-$20.15 after having opened the day at $20.12 as compared to the previous trading day's close of $20.04. Other companies within the Metals & Mining industry that declined today were: China Gengsheng Minerals ( CHGS), down 9.3%, Quaterra Resources ( QMM), down 7.3%, Brigus Gold ( BRD), down 6.5%, and Kingold Jewelry ( KGJI), down 5.4%.
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United States Steel Corporation produces and sells 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 $2.99 billion and is part of the basic materials sector. Shares are down 16% year to date as of the close of trading on Wednesday. Currently there are three analysts that rate United States Steel Corporation a buy, three 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 and generally disappointing historical performance in the stock itself.

On the positive front, Jaguar Mining ( JAG), up 13.7%, Kimber Resources ( KBX), up 12.8%, Prospect Global Resources ( PGRX), up 9.4%, and Arch Coal ( ACI), up 8.4%, were all gainers within the metals & mining industry with Consol Energy ( CNX) 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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