Alert: Negative Investment/Fundamental Signals (12/9/24)-Arcelormittal SA (NYSE: MT)

out_logo_500#26713.jpg

Arcelormittal SA (NYSE: MT) has recently experienced meaningful negative changes in fundamentals: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

Recent meaningful negative changes in investment behavior have impacted Arcelormittal SA (NYSE: MT): its shorter term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.

out_mm#26713.jpg

Current PriceTarget Research Rating

Arcelormittal has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Arcelormittal has a very high Appreciation Score of 98 but a slightly negative Power Rating of 31, and the Positive Value Trend Rating results.

Recent Price Action

On 12/9/24, Arcelormittal SA (NYSE: MT) stock increased 1.8%, closing at $25.74. Trading volume in this advance was normal. Relative to the market the stock has been weak over the last nine months but has risen 1.8% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*