(MT) ArcelorMittal - Ratings and Ratios

ArcelorMittal S.A. is a leading integrated steel and mining company with operations spanning the Americas, Europe, Asia, and Africa. The company produces a wide range of steel products, including semi-finished flat products like slabs and finished flat products such as plates, hot- and cold-rolled coils and sheets, and coated products. It also manufactures long steel products, including bars, wire rods, and structural sections, as well as seamless and welded pipes and tubes. Additionally, ArcelorMittal mines iron ore and coking coal, which are critical inputs for steel production. The company serves diverse industries such as automotive, construction, energy, and machinery, leveraging its global distribution network and centralized marketing approach. ArcelorMittal operates iron ore mines in key regions including Brazil, South Africa, Canada, and Ukraine, ensuring a stable supply of raw materials. Founded in 1976, the company is headquartered in Luxembourg City, Luxembourg, and is recognized for its focus on innovation and sustainability in the steel industry.

Ticker Symbol: MT (NYSE) represents ArcelorMittal S.A.s common stock listed on the New York Stock Exchange. The company is categorized under the Steel industry within the GICS Sub Industry classification. With a market capitalization of $20,736.19 million, ArcelorMittal is a major player in the global steel market. Its current P/E ratio of 16.11 reflects its earnings performance, while the forward P/E of 6.76 indicates expectations of future growth. The price-to-book ratio of 0.42 suggests the stock may be undervalued relative to its book value. The companys return on equity (RoE) stands at 3.74%, indicating moderate profitability. ArcelorMittals average 20-day trading volume is 2,361,102 shares, with a last price of $26.55. The stocks short-term moving averages (SMA 20: $27.63, SMA 50: $29.09) are above its current price, while the SMA 200 ($25.01) is below, signaling potential upside. The average true range (ATR) of 1.24 reflects moderate volatility.

Over the next three months, ArcelorMittals stock is expected to remain range-bound between $24 and $29. Technical indicators suggest potential downside if the SMA 20 ($27.63) is breached, while the SMA 200 ($25.01) could act as support. On the fundamental side, improving demand in the construction and automotive sectors, coupled with the companys cost optimization initiatives, may support earnings growth. However, global steel demand and geopolitical risks remain key factors to monitor.