MT - Shares of Arcelor Mittal NY Registry Shares NEW (MT) Rise Above Previous 52-Week High
Shares of Arcelor Mittal NY Registry Shares NEW (NYSE:MT) traded today at $33.95, eclipsing its 52-week high. So far today approximately 4.6 million shares have been exchanged, as compared to an average 30-day volume of 5.5 million shares.
Arcelor Mittal NY Registry Shares NEW (NYSE:MT) defies analysts with a current price ($33.71) 13.2% above its average consensus price target of $29.27.
ArcelorMittal SA is involved in the steel industry. The company's operating segments include NAFTA; Brazil; Europe; ACIS; Mining and others. It generates maximum revenue from the Europe segment. Europe segment produces hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. These products are sold primarily to customers in the automotive, general, and packaging sectors as well as also produces long products consisting of sections, wire rod, rebar, billets, blooms and wire drawing, and tubular products. Geographically, it derives a majority of revenue from Brazil.
In the past 52 weeks, Arcelor Mittal NY Registry Shares NEW share prices are bracketed by a low of $7.58 and a high of $33.95 and is now at $33.71, 345% above that low price.
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