ArcelorMittal S.A. (NYSE: MT) kicked off on June 22, 2022, at the price of $23.74, down -8.49% from the previous trading day. During the day, the shares moved up to $24.06 and dropped to $23.325 before settling in for the closing price of $25.91. Over the past 52 weeks, MT has traded in a range of $25.49-$37.87.
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Basic Materials Sector giant saw their annual sales surged by 6.20% over the last five years. While this was happening, its average annual earnings per share was recorded -15.00%. With a float of $598.27 million, this company’s outstanding shares have now reached $964.00 million.
The firm has a total of 158000 workers. Let’s measure their productivity. In terms of profitability, gross margin is +24.83, operating margin of +21.89, and the pretax margin is +20.66.
ArcelorMittal S.A. (MT) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Steel Industry. The insider ownership of ArcelorMittal S.A. is 44.80%, while institutional ownership is 5.80%.
ArcelorMittal S.A. (MT) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 12/30/2021, the organization reported $3.92 earnings per share (EPS), higher than consensus estimate (set at $3.33) by $0.59. This company achieved a net margin of +19.53 while generating a return on equity of 34.51. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.7 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -15.00% per share during the next fiscal year.
ArcelorMittal S.A. (NYSE: MT) Trading Performance Indicators
Take a look at ArcelorMittal S.A.’s (MT) current performance indicators. Last quarter, stock had a quick ratio of 0.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.26. Likewise, its price to free cash flow for the trailing twelve months is 2.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 16.01, a number that is poised to hit 3.25 in the next quarter and is forecasted to reach 7.02 in one year’s time.
Technical Analysis of ArcelorMittal S.A. (MT)
Analysing the last 5-days average volume posted by the [ArcelorMittal S.A., MT], we can find that recorded value of 4.35 million was lower than the volume posted last year of 4.78 million. As of the previous 9 days, the stock’s Stochastic %D was 5.78%. Additionally, its Average True Range was 1.21.
During the past 100 days, ArcelorMittal S.A.’s (MT) raw stochastic average was set at 3.42%, which indicates a significant decrease from 3.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.09% in the past 14 days, which was lower than the 55.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.75, while its 200-day Moving Average is $31.07. Now, the first resistance to watch is $24.07. This is followed by the second major resistance level at $24.43. The third major resistance level sits at $24.81. If the price goes on to break the first support level at $23.34, it is likely to go to the next support level at $22.96. Now, if the price goes above the second support level, the third support stands at $22.60.
ArcelorMittal S.A. (NYSE: MT) Key Stats
The company with the Market Capitalisation of 20.98 billion has total of 937,810K Shares Outstanding. Its annual sales at the moment are 76,571 M in contrast with the sum of 14,956 M annual income. Company’s last quarter sales were recorded 21,836 M and last quarter income was 4,125 M.
