From MarketBeat:

ArcelorMittal S.A. (NYSE:MT) experienced a significant drop in short interest in January. Short interest was down 20.9% to 3,220,000 shares as of January 15th, with the current days-to-cover ratio at 1.6 days. Approximately 0.4% of the stock’s shares are sold short. (Word count: 46)

ArcelorMittal stock traded up $0.02 during midday trading on Monday, reaching $27.61. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70, and a current ratio of 1.62. The stock has a market capitalization of $22.24 billion and a price-to-earnings ratio of 5.62. (Word count: 47)

ArcelorMittal last released its earnings results on November 8th, reporting earnings per share of $1.10 for the quarter. The company’s revenue for the quarter was $16.62 billion, down 12.4% from the same period last year. Analysts expect ArcelorMittal to post 3.55 EPS for the current year. (Word count: 50)

Several institutional investors have made changes to their positions in MT. Hedge funds and other institutional investors own 4.56% of the company’s stock. (Word count: 23)

A number of research firms have recently commented on MT, with three issuing a buy rating and three issuing a hold rating. The company’s consensus rating is “Moderate Buy” with an average price target of $33.00. (Word count: 31)

ArcelorMittal SA operates as integrated steel and mining companies. It offers a variety of steel and mining products across the Americas, Europe, Asia, and Africa. (Word count: 24)



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