ArcelorMittal (NYSE:MT), ended its previous trading session at $24.52 showing a loss of -0.0100000000000016 or -0.04 percent with respect to the price of $24.53 when stock market opened. The company traded 3.76 Million shares over the course of the trading day. Giving the average volume of 3.79 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 1.23 Billion.
ArcelorMittal (NYSE:MT) is currently trading lower than its price target which is set to $24.52 by the analyst. The stock is -4.8% Below its 1-Year High which is $25.75. MT has a difference of 269.28% from its 1 year low which stands at $6.64. The company is currently rated by analyst who are keeping a close eye on the stock as 1.7. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.
ArcelorMittal (NYSE:MT) Performance Snapshot
The stock performed exceptionally good in the previous week which depicts an increase of -0.41 percent in the shares price. The company added about 15.17% in its share price over 1-Month. While taking about the performance of the stock over 1-year interval is 44.32 Percent. MT currently shows 7.07% as its year to date performance.
ArcelorMittal (NYSE:MT) Price Insight
The stock needs to grow about $0 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 4.75%, 24.6% and 81.57 percent respectively. The stock trades about 1.19 percent of its Float giving its total shares Outstanding are 1.23 Billion. MT gained about 107.62 percent in 6 months showing its Average True Range of 0.8. The company currently has a RSI and Beta of 67.99 and 2.28.
While talking about ArcelorMittal (NYSE:MT) valuation ratios, the stock trades with a P/S and P/B of 0.51 and 0.84 which is significantly better and attractive as compared to its peers.
Gulfport Energy Corporation (NASDAQ:GPOR)
Performance Indicators of Gulfport Energy Corporation (NASDAQ:GPOR)
Gulfport Energy Corporation (NASDAQ:GPOR) Analytical Review