ArcelorMittal (MT) concluded trading on Thursday at a closing price of $29.96, with 3.66 million shares of worth about $109.75 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 17.21% during that period and on May 22, 2025 the price saw a loss of about -2.85%. Currently the company’s common shares owned by public are about 768.55M shares, out of which, 768.54M shares are available for trading.
Stock saw a price change of -3.45% in past 5 days and over the past one month there was a price change of 3.70%. Year-to-date (YTD), MT shares are showing a performance of 29.53% which increased to 14.70% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $20.52 but also hit the highest price of $34.90 during that period. The average intraday trading volume for ArcelorMittal shares is 2.31 million. The stock is currently trading -1.66% below its 20-day simple moving average (SMA20), while that difference is up 1.75% for SMA50 and it goes to 15.27% higher than SMA200.
ArcelorMittal (NYSE: MT) currently have 768.55M outstanding shares and institutions hold larger chunk of about 4.80% of that.
The stock has a current market capitalization of $23.03B and its 3Y-monthly beta is at 1.65. PE ratio of stock for trailing 12 months is 18.05, while it has posted earnings per share of $1.66 in the same period. Its PEG reads 0.39 and has Quick Ratio of 0.59 while making debt-to-equity ratio of 0.23. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MT, volatility over the week remained 1.85% while standing at 1.56% over the month.
Stock’s fiscal year EPS is expected to rise by 131.39% while it is estimated to increase by 26.01% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on April 10, 2025 offering a Buy rating for the stock and assigned a target price of $31.70 to it. On February 14, 2025, Morgan Stanley Downgrade their recommendations, while on November 14, 2024, BofA Securities Upgrade their ratings for the stock with a price target of $32.90. Stock get a Neutral rating from JP Morgan on October 11, 2024.
