Traders Revving Their Engines as Stock Reaches Most Active List: ArcelorMittal (NYSE:MT)

Early action on shares of ArcelorMittal (NYSE:MT) puts the stock on today’s active list. At press time, the stock had seen a change of 0.00% from the opening price. Monitoring recent stock trading activity, the stock price has reached $7.57. Company shares have been recently noted at -1.56% off of the 52 week high and 158.36% away from the 52 week low. Narrowing in closer, the stock is -1.56% off of the 50 day high and 39.67% removed from the 50 day low.

Analyst Views

Sell side analysts that regularly cover the stock have provided price targets and recommendations on ArcelorMittal (NYSE:MT). According to First Call, the consensus price target for the company is $7.58. The consensus recommendation provided by analysts is currently 2.60. This number is based on a scale from 1 to 5. Analysts rating the company a 1 or 2 indicate a Buy recommendation. Analysts rating the company a 4 or 5 indicate a Sell recommendation. Analysts rating the company a 3 indicate a Hold recommendation.

Past Stock Performance

Year to date performance for ArcelorMittal (NYSE:MT) sits at 77.01%. For the quarter, the stock has changed 25.34%. Monthly stock performance comes in at 13.70%. Looking a little bit closer, performance over the past week is 5.81%.

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