kusadasi schreef op 13 juni 2017 22:39:
Is Arcelormittal SA Luxembourg (NYSE:MT)’s Fuel Running Low? Reports Show More Sellers
June 13, 2017 - By Linda Rogers
Is Arcelormittal SA Luxembourg (NYSE:MT)’s Fuel Running Low? Reports Show More Sellers
The stock of Arcelormittal SA Luxembourg (NYSE:MT) registered an increase of 8.44% in short interest. MT’s total short interest was 35.92 million shares in June as published by FINRA. Its up 8.44% from 33.13M shares, reported previously. With 16.91 million shares average volume, it will take short sellers 2 days to cover their MT’s short positions.
About 4.19 million shares traded. ArcelorMittal SA (ADR) (NYSE:MT) has risen 67.93% since June 13, 2016 and is uptrending. It has outperformed by 51.23% the S&P500.
ArcelorMittal S.A. is a holding company. The company has market cap of $21.54 billion. The Company, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia and Africa. It has a 6.69 P/E ratio. ArcelorMittal operates through five divisions, which include NAFTA; Europe; Brazil; Africa and Commonwealth of Independent States (ACIS), and Mining.
ArcelorMittal SA (ADR) (NYSE:MT) Ratings Coverage
Among 15 analysts covering Arcelormittal (NYSE:MT), 12 have Buy rating, 1 Sell and 2 Hold. Therefore 80% are positive. Arcelormittal had 38 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, April 12 by Goldman Sachs. The stock of ArcelorMittal SA (ADR) (NYSE:MT) earned “Outperform” rating by Cowen & Co on Thursday, March 23. As per Thursday, August 27, the company rating was initiated by JP Morgan. JP Morgan downgraded the shares of MT in report on Monday, April 18 to “Underweight” rating. Credit Suisse maintained the shares of MT in report on Friday, March 24 with “Outperform” rating. Citigroup upgraded the shares of MT in report on Wednesday, June 1 to “Buy” rating. The rating was upgraded by Berenberg to “Buy” on Thursday, March 31. Credit Suisse downgraded the shares of MT in report on Friday, October 23 to “Neutral” rating. Bank of America upgraded ArcelorMittal SA (ADR) (NYSE:MT) on Friday, February 10 to “Buy” rating. The rating was downgraded by ING Group on Tuesday, February 9 to “Hold”.
Another recent and important ArcelorMittal SA (ADR) (NYSE:MT) news was published by Investorplace.com which published an article titled: “3 Big Stock Charts for Tuesday: AutoZone, Inc. (AZO), ArcelorMittal SA (ADR …” on May 23, 2017.