Mechel PAO (MTL) Given News Sentiment Score of 0.16
Press coverage about Mechel PAO (NYSE:MTL) has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Mechel PAO earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned news coverage about the basic materials company an impact score of 46.1495507446079 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Mechel PAO (MTL) opened at $5.36 on Thursday. The company has a current ratio of 0.14, a quick ratio of 0.06 and a debt-to-equity ratio of -0.07. The company has a market capitalization of $1,480.00, a PE ratio of 4.96 and a beta of -1.30. Mechel PAO has a 1 year low of $4.00 and a 1 year high of $6.83.
Separately, Canaccord Genuity reiterated a “hold” rating and set a $16.50 price objective on shares of Mechel PAO in a research report on Thursday, December 14th.
Mechel PAO, formerly Mechel OAO, is a holding company. The Company operates in the mining, steel and power industry segments. Its segments include Steel segment, comprising production and sales of semi-finished steel products, carbon and specialty long products, carbon and stainless flat products, and value-added downstream metal products, including forgings, stampings, and hardware, and ferrosilicon; Mining segment, comprising production and sales of coal (coking and steam), and middlings, coke and chemical products, and iron ore, which supplies raw materials to the Steel and Power segments, and also sells raw materials to third parties, and Power segment, comprising generation and sales of electricity and heat power, which supplies electricity and heat power to the Steel and Mining segments, and also sells a portion of electricity and heat power to third parties.
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