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 up 0.3%. By the end of trading, ArcelorMittal fell $0.25 (-1.5%) to $16.17 on light volume. Throughout the day, 2,615,290 shares of ArcelorMittal exchanged hands as compared to its average daily volume of 5,479,600 shares. The stock ranged in price between $16.17-$16.35 after having opened the day at $16.25 as compared to the previous trading day's close of $16.42. Other companies within the Metals & Mining industry that declined today were:
), down 8.8%,
), down 5.2%,
), down 3.9% and
), down 3.9%.
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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 $25.7 billion and is part of the basic materials sector. Shares are down 7.8% 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
. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and generally high debt management risk.
- You can view the full ArcelorMittal Ratings Report.
On the positive front,
), up 9.5%,
), up 9.3%,
), up 7.4% and
), up 6.6% , 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.