ArcelorMittal (NYSE: MT) Emerges As Guiding Light For Investors

ArcelorMittal (NYSE:MT) currently has a daily average trading volume of 2.31M but it saw 3663322 shares traded in last market. With a market cap of 23.03B USD, the company’s current market price of $29.96 came falling about -2.85 while comparing to the previous closing price of $30.84. In past 52 weeks, the stock remained buoying in the range of price level as high as $34.90 and as low as $20.52.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Goldman which upgraded the stock as “Buy” in its note to investors issued on April 10, 2025, recommending a price target of $31.70 for it.

Over the week, MT’s stock price is moving -3.45% down while it is 3.70% when we observe its performance for the past one month. Year-to-date it is 29.53% up and over the past year, the stock is showing an upside performance of 14.70%.

Currently, ArcelorMittal’s total number of outstanding shares is 768.55M with 0.00% of that held by the insiders while 4.87% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.31% and return on equity (ROE) at 2.60%. It has a price to earnings ratio (P/E ratio) of 18.05 while having a 6.08 of forward P/E ratio. Stock’s beta reads 1.65. Stock has a price to book (P/B) ratio of 0.47 while price to sale or P/S ratio amounts to 0.37. Its return on asset (ROA) is 1.46% on average.