Arcelor Mittal NY Registry Shares NEW (NYSE:MT) traded at a new 52-week high today of $31.35. So far today approximately 2 million shares have been exchanged, as compared to an average 30-day volume of 6.1 million shares.
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.
Based on a current price of $31.28, Arcelor Mittal NY Registry Shares NEW is currently 6.9% above its average consensus analyst price target of $29.13.
In the past 52 weeks, shares of Arcelor Mittal NY Registry Shares NEW have traded between a low of $7.58 and a high of $31.35 and is now at $31.28, which is 313% above that low price.
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