|Bid||4.52 x 260000|
|Ask||4.56 x 300000|
|Day's Range||22.47 - 22.72|
|52 Week Range||14.94 - 26.52|
|PE Ratio (TTM)||7.10|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Notably, while ArcelorMittal is trading with decent year-to-date (or YTD) gains, US steelmakers including U.S. Steel (X) and AK Steel (AKS) are trading with YTD losses.
In 2015, ArcelorMittal was not alone in revising its dividend policy. Rio Tinto and BHP Billiton also scrapped their progressive dividend policies that year.
AK Steel (AKS) has the lowest PS ratio in our select group of US steel stocks, and a lower PS ratio can be a sign of a stock’s undervaluation.