Zag R. schreef op 15 augustus 2017 08:25:
Earnings Analysis of: ArcelorMittal (MT)David Jackson
August 14, 2017
ArcelorMittal (MT) plummeted -3.01 percent and ended the day at $25.8. The Average Volume of the company is 7.61 Million and P/E (price to earnings) ratio is 7.74, while Forward P/E ratio is 9.47.
The stock has a Return on Assets of 4.4 percent, Return on Investment of 7.2 percent and a Return on Equity of 10.8 percent. The company’s market cap is $25.97 Billion.
A price target is the projected price level of a financial security stated by an investment analyst. It represents a security’s price that, if achieved, results in a trader recognizing the best possible outcome for his investment. This is the price at which the trader or investor wants to exit his existing position so he can realize the most reward.
ArcelorMittal (MT) has been given an average price target of $30.86 from analysts, according to data collected by Finviz.
Now we look at the Moving Averages, the 200-day is 9.17, the 50-day is 9.88 and the 20-day is -0.58. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading.
Looking forward, the company is expected to report earnings of $0.86 per share for the current quarter.
standardoracle.com/2017/08/14/earning...