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Shares of United States Steel Corp. (NYSE:X) was the target of some unusual options trading activity on Monday. Stock traders acquired 21,642 put options on the company, Analyst Ratings.Net reports. This is an increase of approximately 158% compared to the typical volume of 8,383 put options.

X has been the subject of a number of recent research reports. Analysts at BMO Capital Markets upgraded shares of United States Steel Corp. from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday, January 14th. Separately, analysts at KeyCorp upgraded shares of United States Steel Corp. from a “hold” rating to a “buy” rating in a research note to investors on Thursday, January 2nd. Finally, analysts at Cowen and Company upgraded shares of United States Steel Corp. from a “market perform” rating to an “outperform” rating in a research note to investors on Friday, December 13th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and five have issued a buy rating to the company’s stock. United States Steel Corp. currently has an average rating of “Hold” and an average price target of $24.07.

Shares of United States Steel Corp. (NYSE:X) traded up 0.67% on Monday, hitting $25.45. 13,142,800 shares of the company’s stock traded hands. United States Steel Corp. has a 52 week low of $15.80 and a 52 week high of $31.15. The stock has a 50-day moving average of $28.10 and a 200-day moving average of $23.11. The company’s market cap is $3.682 billion.

United States Steel Corporation (NYSE:X) produces and sells steel mill products, including flat-rolled and tubular products, in North America and Europe.

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