A Little Luck Can Go a Long Way with ArcelorMittal (MT) as it 5-day change was 6.95%

Sana Meer

As on Wednesday, ArcelorMittal (NYSE: MT) got off with the flyer as it spiked 6.12% to $40.93, before settling in for the price of $38.57 at the close. Taking a more long-term approach, MT posted a 52-week range of $21.59-$39.69.

Nevertheless, stock’s Earnings Per Share (EPS) this year is 154.13%. This publicly-traded company’s shares outstanding now amounts to $760.49 million, simultaneously with a float of $760.49 million. The organization now has a market capitalization sitting at $31.13 billion. At the time of writing, stock’s 50-day Moving Average stood at $34.49, while the 200-day Moving Average is $30.31.

ArcelorMittal (MT) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Steel industry. ArcelorMittal’s current insider ownership accounts for 0.00%, in contrast to 4.03% institutional ownership.

ArcelorMittal (MT) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.92 per share during the current fiscal year.

ArcelorMittal’s EPS increase for this current 12-month fiscal period is 154.13% and is forecasted to reach 4.47 in the upcoming year.

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 0.59. Alongside those numbers, its PE Ratio stands at $12.49, and its Beta score is 1.70. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.51. Similarly, its price to free cash flow for trailing twelve months is now 34.78.

In the same vein, MT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.28, a figure that is expected to reach 0.67 in the next quarter, and analysts are predicting that it will be 4.47 at the market close of one year from today.

Technical Analysis of ArcelorMittal (MT)

Through scrutinizing the latest numbers posted by the [ArcelorMittal, MT], it can be observed that its last 5-days Average volume of 1.99 million was better the volume of 1.9 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 82.42% While, its Average True Range was 82.83.

Raw Stochastic average of ArcelorMittal (MT) in the period of the previous 100 days is set at 97.00%, which indicates a major rise in contrast to 94.30% 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 0.64 that was higher than 0.57 volatility it exhibited in the past 100-days period.

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.