Blackrock(je) schreef op 27 november 2014 21:34:
Shares of ArcelorMittal SA (NYSE:MT) were the recipient of unusually large options trading activity on Wednesday. Investors purchased 4,091 put options on the company,AmericanBankingNews.com reports. This is an increase of 364% compared to the average volume of 882 put options.
A number of research firms have recently commented on MT. Analysts at Landesbank Baden-Wuerttemberg upgraded shares of ArcelorMittal SA to a “buy” rating in a research note on Monday. Separately, analysts at Citigroup Inc. downgraded shares of ArcelorMittal SA from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 11th. Finally, analysts at Davy Research downgraded shares of ArcelorMittal SA to an “underperform” rating in a research note on Tuesday, November 4th. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $18.91.
Shares of ArcelorMittal SA (NYSE:MT) traded down 0.32% on Wednesday, hitting $12.49. 4,146,424 shares of the company’s stock traded hands. ArcelorMittal SA has a one year low of $11.88 and a one year high of $17.92. The stock has a 50-day moving average of $12.51 and a 200-day moving average of $14.16. The company’s market cap is $22.382 billion.
ArcelorMittal SA (NYSE:MT) last announced its earnings results on Friday, November 7th. The company reported $0.01 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.11 by $0.10. The company had revenue of $20.07 billion for the quarter, compared to the consensus estimate of $20.37 billion. During the same quarter in the prior year, the company posted ($0.12) earnings per share. The company’s quarterly revenue was up 2.3% on a year-over-year basis. On average, analysts predict that ArcelorMittal SA will post $0.28 earnings per share for the current fiscal year.
ArcelorMittal SA (NYSE:MT) is a global steel producer.