Media stories about Mechel PAO (NYSE:MTL) have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Mechel PAO earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned media stories about the basic materials company an impact score of 45.9425630679425 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of research analysts recently issued reports on MTL shares. BidaskClub raised shares of Mechel PAO from a “hold” rating to a “buy” rating in a research report on Thursday, August 24th. ValuEngine cut shares of Mechel PAO from a “buy” rating to a “hold” rating in a report on Friday, September 1st.
Shares of Mechel PAO (MTL) traded up 1.21% on Wednesday, reaching $5.00. 375,081 shares of the company’s stock traded hands. Mechel PAO has a 12-month low of $2.64 and a 12-month high of $6.83. The stock has a 50-day moving average price of $5.34 and a 200-day moving average price of $5.17. The company has a market cap of $1.04 billion, a PE ratio of 4.53 and a beta of -1.18.
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About Mechel PAO
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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