ArcelorMittal SA (MT): Today's Featured Metals & Mining Laggard

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.

ArcelorMittal ( MT) 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: Augusta Resource Corporation ( AZC), down 10.2%, Prospect Global Resources ( PGRX), down 9.3%, Friedman Industries ( FRD), down 8.4% and China Gengsheng Minerals ( CHGS), down 8.2%.

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 ArcelorMittal as a sell. Among the areas we feel are negative, one of the most important has been an overall disappointing return on equity.

On the positive front, Tonix Pharmaceuticals ( TNXP), up 14.5%, Polymet Mining ( PLM), up 10.5%, Uranium Energy Corporation ( UEC), up 9.7% and Banro Corporation ( BAA), up 9.6% , were all gainers within the metals & mining industry with Agnico Eagle Mines ( AEM) being today's featured metals & mining industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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