United States Steel (X) Leads The Pack In Pre-Market Activity

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Trade-Ideas LLC identified United States Steel ( X) as a pre-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified United States Steel as such a stock due to the following factors:

  • X has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $221.9 million.
  • X traded 11,079 shares today in the pre-market hours as of 8:22 AM.
  • X is up 2.2% today from yesterday's close.

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More details on X:

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The stock currently has a dividend yield of 0.8%. Currently there are 5 analysts that rate United States Steel a buy, 4 analysts rate it a sell, and 5 rate it a hold.

The average volume for United States Steel has been 8.1 million shares per day over the past 30 days. United States has a market cap of $3.7 billion and is part of the basic materials sector and metals & mining industry. The stock has a beta of 0.98 and a short float of 30% with 4.70 days to cover. Shares are down 4.3% year-to-date as of the close of trading on Tuesday.

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