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ArcelorMittal (NYSE: MT) closed the day trading at $28.00 down -0.43% from the previous closing price of $28.12. In other words, the price has decreased by -$0.43 from its previous closing price. On the day, 1.32 million shares were traded.
Ratios:
For a better understanding of MT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 49.23. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.18.
On November 14, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $30 to $32.90.
Valuation Measures:
As of this moment, ArcelorMittal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.52, and their Forward P/E ratio for the next fiscal year is 5.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 0.42.
Stock Price History:
Over the past 52 weeks, MT has reached a high of $29.38, while it has fallen to a 52-week low of $20.52. The 50-Day Moving Average of the stock is 13.33%, while the 200-Day Moving Average is calculated to be 15.52%.
Shares Statistics:
A total of 785.39M shares are outstanding, with a floating share count of 785.39M. Insiders hold about 0.00% of the company’s shares, while institutions hold 4.68% stake in the company.
