ArcelorMittal (MT) recent quarterly performance of 16.68% is not showing the real picture

ArcelorMittal (NYSE: MT) established initial surge of 0.20% at $24.62, before settling in for the price of $24.57 at the close. Taking a more long-term approach, MT posted a 52-week range of $20.52-$29.01.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was 0.37%. Meanwhile, its Annual Earning per share during the time was -26.46%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 167.74%. This publicly-traded company’s shares outstanding now amounts to $819.27 million, simultaneously with a float of $785.39 million. The organization now has a market capitalization sitting at $19.34 billion. At the time of writing, stock’s 50-day Moving Average stood at $23.99, while the 200-day Moving Average is $24.93.

ArcelorMittal (MT) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the ArcelorMittal industry. ArcelorMittal’s current insider ownership accounts for 0.00%, in contrast to 4.20% institutional ownership.

ArcelorMittal (MT) Earnings and Revenue Records

ArcelorMittal’s EPS increase for this current 12-month fiscal period is 167.74% and is forecasted to reach 4.07 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 12.81% through the next 5 years, which can be compared against the -26.46% growth it accomplished over the previous five years trading on the market.

ArcelorMittal (NYSE: MT) Trading Performance Indicators

Let’s observe the current performance indicators for ArcelorMittal (MT). It’s Quick Ratio in the last reported quarter now stands at 0.66. The Stock has managed to achieve an average true range (ATR) of 0.49. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.30. Similarly, its price to free cash flow for trailing twelve months is now 25.97.

In the same vein, MT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.69, a figure that is expected to reach 0.52 in the next quarter, and analysts are predicting that it will be 4.07 at the market close of one year from today.

Technical Analysis of ArcelorMittal (MT)

Now, what If we examine the latest scores posted by [ArcelorMittal, MT]. During the last 5-days, its volume was lower the volume of 1.6 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 81.33% While, its Average True Range was 0.47.

Raw Stochastic average of ArcelorMittal (MT) in the period of the previous 100 days is set at 69.91%, which indicates a major fall in contrast to 78.16% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 27.92% that was lower than 29.82% volatility it exhibited in the past 100-days period.