26-Apr-2024
Globe Newswire (Thu, 25-Apr 8:27 AM ET)
ArcelorMittal’s 2023 Vision: Safety, Sustainability, Innovation
TipRanks (Tue, 23-Apr 2:57 PM ET)
ArcelorMittal S.A.: ArcelorMittal publishes its 2023 Integrated Annual Review
Globe Newswire (Tue, 23-Apr 9:10 AM ET)
ArcelorMittal S.A.: ArcelorMittal publishes interim update on its company-wide safety audit
Globe Newswire (Wed, 10-Apr 10:45 AM ET)
ArcelorMittal publishes convening notice for its Annual General Meeting of shareholders
Globe Newswire (Fri, 29-Mar 3:00 AM ET)
Globe Newswire (Wed, 27-Mar 3:15 PM ET)
ArcelorMittal publishes revised analyst model per new segmental reporting
Globe Newswire (Wed, 27-Mar 5:30 AM ET)
ArcelorMittal S.A.: ArcelorMittal announces Kleber Silva to be new CEO of ArcelorMittal Mining
Globe Newswire (Tue, 19-Mar 5:00 AM ET)
ArcelorMittal S.A.: ArcelorMittal acquires strategic stake in Vallourec
Globe Newswire (Tue, 12-Mar 5:00 PM ET)
ArcelorMittal S.A.: ArcelorMittal announces the publication of its 2023 annual report
Globe Newswire (Wed, 28-Feb 3:40 PM ET)
ArcelorMittal SA is involved in the steel industry. The company's operating segments include NAFTA; Brazil; Europe; ACIS; Mining and others. It generates maximum revenue from the Europe segment. Europe segment produces hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. These products are sold primarily to customers in the automotive, general, and packaging sectors as well as also produce long products consisting of sections, wire rods, rebar, billets, blooms and wire drawing, and tubular products. Geographically, it derives a majority of its revenue from United States.
Arcelormittal trades on the NYSE stock market under the symbol MT.
As of April 26, 2024, MT stock price climbed to $25.37 with 945,569 million shares trading.
MT has a beta of 1.37, meaning it tends to be more sensitive to market movements. MT has a correlation of 0.36 to the broad based SPY ETF.
MT has a market cap of $20.63 billion. This is considered a Large Cap stock.
Last quarter Arcelormittal reported $15 billion in Revenue and $1.18 earnings per share. This fell short of revenue expectation by $-868 million and exceeded earnings estimates by $3.34.
In the last 3 years, MT stock traded as high as $37.87 and as low as $19.25.
The top ETF exchange traded funds that MT belongs to (by Net Assets): DFIV, AVDE, SLX, DFIC, APIE.
MT has underperformed the market in the last year with a price return of -4.7% while the SPY ETF gained +26.8%. MT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -8.0% and -7.8%, respectively, while the SPY returned +4.5% and -1.9%, respectively.
MT support price is $24.77 and resistance is $25.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MT stock will trade within this expected range on the day.