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Should You Accumulate ArcelorMittal SA (MT) Stock Monday Morning?

Monday, December 05, 2022 08:53 AM | InvestorsObserver Analysts

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Should You Accumulate ArcelorMittal SA (MT) Stock Monday Morning?

ArcelorMittal SA (MT) is up Monday morning, with the stock adding 2.44% in pre-market trading to 27.72. MT's short-term technical score of 74 indicates that the stock has traded more bullishly over the last month than 74% of stocks on the market. In the Steel industry, which ranks 47 out of 146 industries, MT ranks higher than 64% of stocks. ArcelorMittal SA has risen 15.35% over the past month, closing at $24.04 on November 7. During this period of time, the stock fell as low as $24.04 and as high as $27.54. MT has an average analyst recommendation of Buy. The company has an average price target of $32.47.

Overall Score - 60
MT has an Overall Score of 60. Find out what this means to you and get the rest of the rankings on MT!
ArcelorMittal SA has a Long-Term Technical rank of 80. This means that trading over the last 200 trading days has placed the company in the upper half of stocks with 20% of the market scoring higher. In the Steel industry which is number 42 by this metric, MT ranks better than 42% of stocks.

Important Dates for Investors in MT:

-ArcelorMittal SA is set to release earnings on 2/8/2023. Over the last 12 months, the company has reported EPS of $13.62. -We do not have a set dividend date for ArcelorMittal SA at this time. Click Here To Get The Full Report on ArcelorMittal SA (MT)

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