ArcelorMittal shares (MT) are listed on the NYSE and all prices are listed in US Dollars.
Similarly Why is ArcelorMittal stock low? The recent drop in stock price was driven by the company missing expectations for Q3 2021 and with a projection of steel prices dropping everywhere except the U.S. ArcelorMittal reported an EBITDA of $6.06 billion in Q3 2021, which fell short of market expectations of $6.15 billion.
Is MT a buy? A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80).
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Additionally, How do I buy shares in ArcelorMittal?
How to buy AcelorMittal shares? By simply opening a free account on SA Shares, or by clicking the “Buy this Share” button to get started.
Is Arcelor Mittal a buy?
ArcelorMittal has received a consensus rating of Buy. The company’s average rating score is 2.73, and is based on 9 buy ratings, 1 hold rating, and 1 sell rating.
Why is mt stock dropping? ArcelorMittal stock (NYSE: MT) has dropped more than 12% in the last one month and currently trades at $29 per share. The sharp decline in the stock was driven by the recent weakness in global steel and iron ore prices.
What sector is mt in? Company Info
| Industry | Steel |
|---|---|
| Sector | Non-Energy Minerals |
| Employees | 157,909 |
| CEO | Mr. Aditya Mittal |
