Mastering the Fundamental Principles of Market Trading

By Naomi Wentworth • Wednesday, March 12 15:07 • Permanent Link

Large-cap Industrials company ArcelorMittal has moved -4.4% so far today on a volume of 3,217,780, compared to its average of 2,325,879. In contrast, the S&P 500 index moved 1.0%.

If you are considering an investment in MT, you'll want to know the following:

ArcelorMittal has moved 18.9% over the last year, and the S&P 500 logged a change of 7.9%
Based on its trailing earnings per share of 1.69, ArcelorMittal has a trailing 12 month Price to Earnings (P/E) ratio of 18.1 while the S&P 500 average is 29.3
MT has a forward P/E ratio of 7.6 based on its forward 12 month price to earnings (EPS) of $4.01 per share
Its Price to Book (P/B) ratio is 0.48 compared to its sector average of 3.2
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the United States, Europe, and internationally.
Based in Luxembourg City, the company has 125,416 full time employees and a market cap of $23.57 Billion. ArcelorMittal currently returns an annual dividend yield of 1.7%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.