A look at United States Steel Corp.

United States Steel Corp. ($X) is breaking out of downward channel and is now above its 50 day moving average. The stock has established a floor around $6.50. X was last at $8.43 on a volume of 15,350,600. Average daily volume has been at 10,352,661. This increase on higher volume is a good signal for further upside.

52 Week Range $6.15-$27.68
Market Cap 1,232,356,655
Average Volume 10,352,661
Dividend Yield 2.67%
Institutional Ownership 94.10%
Insider Ownership: 1.90%
Percentage of Float Short 42.90%
Beta 1.79

United States Steel Corp is an integrated steel producer of flat-rolled and tubular products with production operations in North America and Europe.

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