United States Steel Corporation (X) traded within a range of $32.59 to $34.2 after opening the day at $33.9. The company has seen its stock decrease in value by -0.58% so far this year. The stock was down close to -6.76% on active volume in last trading session and closed at $32.82 per share. After the recent fall, the stock is currently holding -16.15% below its 52 week high of $39.14 and 440.87% above its 12-month low of $6.15. The shares are up by over 88% in the last three months, and the RSI indicator value of 46.25 is neither bullish nor bearish, tempting investors to stay on the sidelines.
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 Flat-Rolled segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves customers in the automotive, consumer and the combined industrial, service center, and mining commercial markets. The USSE segment provides slabs, sheets, strip mill plates, tin mill products, and spiral welded pipes, as well as heating radiators and refractory ceramic materials. This segment serves customers in the construction, service center, conversion, container, transportation, appliance and electrical, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing; and standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also provides railroad services; and owns, develops, and manages various real estate assets. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.
JPMorgan Chase & Co. (JPM) failed to extend gains with the stock declining -0.96% or $-0.84 to close the day at $86.24 on active trading volume of 21.27M shares, compared to its three month average trading volume of 17.41M. The New York New York 10017 based company has been outperforming the money center banks group over the past 52 weeks, with the stock gaining 54.66%, compared to the industry which has advanced 7.41% over the same period. With RSI of 61.14, the stock should still continue to rise and get closer to its one year target estimate of $84.62, making it a hold for now.
JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management segments. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment services, payment processing services, auto loans and leases, and student loans. The Corporate & Investment Bank segment provides investment banking products and services, including advising on corporate strategy and structure, capital-raising in equity and debt markets, as well as loan origination and syndication; treasury services, such as cash management and liquidity solutions; and cash securities and derivative instruments, risk management solutions, prime brokerage, and research services. It also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The Commercial Banking segment offers financial solutions, including lending, treasury, investment banking, and asset management to corporations, municipalities, financial institutions, and nonprofit entities, as well as financing to real estate investors and owners. The Asset Management segment provides investment and wealth management services across various asset classes, such as equities, fixed income, alternatives, and money market funds; multi-asset investment management services; retirement services; and brokerage and banking services comprising trusts, estates, loans, mortgages, and deposits. It has a strategic relationship with InvestCloud for the development of new digital capabilities for individual investors. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.
Microsoft Corporation (MSFT) dropped $-0.58 to close the day at a new closing price of $62.61, a -0.92% decrease in value from its previous closing price that moved the stock 33.49% above its 52 week low of $48.03. A total of 20.9M shares exchanged hands during the day compared with its three month average trading volume of 27.58M. The stock, which fluctuated between $61.95 and $63.4 during the day, currently situated -2.32% below its 52 week high. The stock is up by 0.71% in the past one month and up by 10.37% over the past three months. With a one year target estimate of $65.5 and RSI of 54.68, the stock still has upside potential, making it a hold for now.
Microsoft Corporation, a technology company, develops, licenses, and supports software products, services, and devices worldwide. The companys Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, including Office, Exchange, SharePoint, and Skype, as well as related Client Access Licenses (CALs); Office 365 consumer services, such as Skype, Outlook.com, and OneDrive; Dynamics business solutions, such as financial management, customer relationship management, supply chain management, and analytics applications for small and mid-size businesses, large organizations, and divisions of enterprises; and LinkedIn online professional network. Its Intelligent Cloud segment licenses server products and cloud services, such as SQL Server, Windows Server, Visual Studio, System Center, and related CALs, as well as Azure, a cloud platform with computing, networking, storage, database, and management services; and enterprise services, such as Premier Support and Microsoft Consulting that assist in developing, deploying, and managing Microsoft server and desktop solutions, as well as provide training and certification to developers and IT professionals on Microsoft products. The companys More Personal Computing segment comprises Windows OEM, volume, and other non-volume licensing of the Windows operating system, as well as patent licensing, Windows Embedded, MSN display advertising, and Windows Phone licensing system; devices, including Microsoft Surface, phones, and PC accessories; and search advertising, including Bing and Bing Ads. This segment also provides gaming platforms, including Xbox hardware, Xbox Live, video games, and third-party video games. The company markets and distributes its products through original equipment manufacturers (OEM), distributors, and resellers, as well as through online and Microsoft retail stores. Microsoft Corporation was founded in 1975 and is headquartered in Redmond, Washington.