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Can ArcelorMittal SA (MT) Stock Rise to the Top of Basic Materials Sector Friday?

Friday, June 24, 2022 10:48 AM | InvestorsObserver Analysts

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Can ArcelorMittal SA (MT) Stock Rise to the Top of Basic Materials Sector Friday?

ArcelorMittal SA (MT) is around the top of the Basic Materials sector according to InvestorsObserver. MT received an overall rating of 56, which means that it scores higher than 56% of stocks. Additionally, ArcelorMittal SA scored a 93 in the Basic Materials sector, ranking it higher than 93% of stocks in that sector.

Overall Score - 56
MT has an Overall Score of 56. Find out what this means to you and get the rest of the rankings on MT!

What do These Ratings Mean?

Trying to find the best stocks can be a daunting task. There are a wide variety of ways to analyze stocks in order to determine which ones are performing the strongest. *Investors Observer* makes the entire process easier by using percentile rankings that allows you to easily find the stocks who have the strongest evaluations by analysts. Not only are these scores easy to understand, but it is easy to compare stocks to each other. You can find the best stock in basic materials or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

What's Happening With ArcelorMittal SA Stock Today?

ArcelorMittal SA (MT) stock is trading at $23.88 as of 10:35 AM on Friday, Jun 24, a rise of $0.57, or 2.45% from the previous closing price of $23.31. The stock has traded between $23.15 and $23.90 so far today. Volume today is low. So far 1,231,583 shares have traded compared to average volume of 3,991,454 shares. Click Here to get the full Stock Report for ArcelorMittal SA stock.

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