Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day down 0.6%. By the end of trading, ArcelorMittal fell $0.20 (-1.2%) to $16.74 on light volume. Throughout the day, 2,700,875 shares of ArcelorMittal exchanged hands as compared to its average daily volume of 4,994,400 shares. The stock ranged in price between $16.68-$16.84 after having opened the day at $16.79 as compared to the previous trading day's close of $16.94. Other companies within the Metals & Mining industry that declined today were:
), down 10.2%,
), down 9.3%,
), down 8.4% and
), down 8.2%.
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ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company worldwide. The company operates through six segments: Flat Carbon Americas; Flat Carbon Europe; Long Carbon Americas and Europe; Asia, Africa, and CIS; Distribution Solutions; and Mining. ArcelorMittal has a market cap of $26.3 billion and is part of the basic materials sector. Shares are down 3.1% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate ArcelorMittal a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
. Among the areas we feel are negative, one of the most important has been an overall disappointing return on equity.
- You can view the full ArcelorMittal Ratings Report.
On the positive front,
), up 14.5%,
), up 10.5%,
), up 9.7% and
), up 9.6% , were all gainers within the metals & mining industry with
) being today's featured metals & mining industry leader.
- Use our metals & mining section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider
) while those bearish on the metals & mining industry could consider
- Find other investment ideas from our top rated ETFs lists.