Positive News Coverage Very Likely to Affect Mechel PAO (MTL) Stock Price
Media headlines about Mechel PAO (NYSE:MTL) have trended positive on Friday, AlphaOne reports. The research firm, a unit of Accern, ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mechel PAO earned a news impact score of 0.44 on AlphaOne’s scale. AlphaOne also assigned news articles about the basic materials company an impact score of 81 out of 100, indicating that recent press coverage is very likely to have an effect on the stock’s share price in the next few days.
These are some of the news articles that may have impacted Alpha One Sentiment Analysis’s analysis:
- Mechel PAO : – Chelyabinsk Metallurgical Plant Export Project Wins State Support (4-traders.com)
- Mechel PAO (MTL) Earning Favorable Media Coverage, Report Finds (americanbankingnews.com)
- Mechel PAO (MTL) Given Consensus Recommendation of “Strong Sell” by Analysts (americanbankingnews.com)
- Korshunovskiy GOK : Mechel to Supply China’s Baosteel Resources with Nearly One Million Tonnes of Coking Coal (4-traders.com)
Mechel PAO (NYSE:MTL) traded down 1.52% on Friday, hitting $5.18. 111,005 shares of the company traded hands. The firm’s market capitalization is $1.08 billion. The firm’s 50 day moving average price is $5.16 and its 200 day moving average price is $5.33. Mechel PAO has a 1-year low of $1.46 and a 1-year high of $6.83.
Mechel PAO Company Profile
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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