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MT
Stock ticker: NYSE
AS OF
Jan 17 closing price
Price
$23.26
Change
+$0.08 (+0.35%)
Capitalization
18.15B

MT stock forecast, quote, news & analysis

Industry: @Steel
MT
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
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A.I.Advisor
a Summary for MT with price predictions
Jan 08, 2025

MT's RSI Oscillator is sitting in oversold zone for 3 days

The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis
Bearish Trend Analysis

The 10-day moving average for MT crossed bearishly below the 50-day moving average on December 20, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for MT entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.339) is normal, around the industry mean (1.140). P/E Ratio (22.082) is within average values for comparable stocks, (78.993). MT's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (0.948). Dividend Yield (0.022) settles around the average of (0.055) among similar stocks. P/S Ratio (0.300) is also within normal values, averaging (0.940).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 74, placing this stock slightly better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

A.I.Advisor
published Dividends

MT paid dividends on December 04, 2024

ArcelorMittal MT Stock Dividends
А dividend of $0.25 per share was paid with a record date of December 04, 2024, and an ex-dividend date of November 12, 2024. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nucor Corp (NYSE:NUE), ArcelorMittal (NYSE:MT), United States Steel Corp (NYSE:X), Cleveland-Cliffs (NYSE:CLF).

Industry description

The steel industry includes manufacturers of steel and steel-related products. Companies use iron ore and scrap steel to produce steel. The industry also includes companies involved in mining and marketing of steel products. Along with serving some of the domestic markets, U.S. steel output has, over the years, been used by international economies as well. Competition from imported steel has also increased over time. The industry could be susceptible to business cycles, since the element is an important input in industrial production. Some of the globally-renowned steel behemoths include Nucor Corporation, Vale, and ArcelorMittal SA.

Market Cap

The average market capitalization across the Steel Industry is 4.69B. The market cap for tickers in the group ranges from 39.16K to 29.24B. NUE holds the highest valuation in this group at 29.24B. The lowest valued company is ADTC at 39.16K.

High and low price notable news

The average weekly price growth across all stocks in the Steel Industry was 2%. For the same Industry, the average monthly price growth was -2%, and the average quarterly price growth was -8%. FEEXF experienced the highest price growth at 18%, while ANGGF experienced the biggest fall at -15%.

Volume

The average weekly volume growth across all stocks in the Steel Industry was -27%. For the same stocks of the Industry, the average monthly volume growth was -35% and the average quarterly volume growth was 41%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 22
P/E Growth Rating: 44
Price Growth Rating: 67
SMR Rating: 77
Profit Risk Rating: 73
Seasonality Score: 4 (-100 ... +100)
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published General Information

General Information

an operator of mines, manufactures and distributes carbon steel and stainless steel products

Industry Steel

Profile
Fundamentals
Details
Industry
Steel
Address
24-26, Boulevard d’Avranches
Phone
+352 47921
Employees
126756
Web
http://www.arcelormittal.com