Clf stock price investors in clf stock price are

Investors in clf stock price are watching scrap steel prices, which have trended higher. Rising input costs could pressure margins unless contract pricing adjusts accordingly. Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $11.75. Cleveland trades at a steep discount to the market. Its price-to-sales ratio is 0.3, substantially lower than the S&P 500’s 3.3. On earnings, the company is projected to lose money this year and begin to recover next year, but until then the PE will not be very helpful. For more details see: CLF Valuation Ratios Market watchers note short-term support around $21, with resistance at $