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Should You Accumulate Nucor Corporation (NUE) Stock Tuesday Morning?

Tuesday, January 11, 2022 08:19 AM | InvestorsObserver Analysts

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Should You Accumulate Nucor Corporation (NUE) Stock Tuesday Morning?

Nucor Corporation (NUE) is lower by Tuesday morning, with the stock losing -1.43% in pre-market trading to 110.26. NUE's short-term technical score of 69 indicates that the stock has traded more bullishly over the last month than 69% of stocks on the market. In the Steel industry, which ranks 37 out of 146 industries, the stock ranks higher than 62% of stocks. Nucor Corporation has fallen 1.19% over the past month, closing at $118.42 on December 14. During this period of time, the stock fell as low as $108.22 and as high as $126.67. NUE has an average analyst recommendation of Buy. The company has an average price target of $114.83.

Overall Score - 53
NUE has an Overall Score of 53. Find out what this means to you and get the rest of the rankings on NUE!
Nucor Corporation has a Long-Term Technical rank of 83. This means that trading over the last 200 trading days has placed the company in the upper half of stocks with 17% of the market scoring higher. In the Steel industry which is number 42 by this metric, NUE ranks better than 84% of stocks.

Important Dates for Investors in NUE:

-Nucor Corporation is set to release earnings on 1/19/2022. During their last earnings release the company posted EPS of $16.72. -We do not have a set dividend date for Nucor Corporation at this time. Click Here To Get The Full Report on Nucor Corporation (NUE)

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