ArcelorMittal (MT) Stock: Navigating Market Highs and Lows in 52 Weeks

The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. ArcelorMittal’s current trading price is -12.47% away from its 52-week high, while its distance from the 52-week low is 33.50%. The stock’s price range for this period has been between $21.30 and $32.49 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 1.4 million for the day, a number notably lower than the average daily volume of 1.72 million over the last three months.

ArcelorMittal saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $32.49 on 03/03/23, while the lowest price for the same duration was marked at $21.30 on 10/30/23.

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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

ArcelorMittal (MT) has experienced a quarterly rise of 23.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 22.19B and boasts a workforce of 154352 employees.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 25.28, with a change in price of +2.64. Similarly, ArcelorMittal recorded 1,858,642 in trading volume during the last 100 days, posting a change of +10.23%.

Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis

The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for MT stands at 0.19. Similarly, the long-term debt-to-equity ratio is also 0.16.

MT Stock Stochastic Average

As of today, ArcelorMittal’s raw stochastic average for the last 50 days stands at 86.21%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 95.86%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 76.69% and 67.60%, respectively.

MT Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 0.16% this year. Over the last six months, there has been a weaker performance of 5.47%. The price of MT fallen by 5.28% during the last 30 days period. For the last 5-days stocks have improved 2.14%.

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