Media stories about Mechel PAO (NYSE:MTL) have trended positive on Saturday, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Mechel PAO earned a coverage optimism score of 0.29 on Accern’s scale. Accern also gave media headlines about the basic materials company an impact score of 46.5777065879708 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of Mechel PAO (MTL) traded down $0.09 during midday trading on Friday, hitting $4.42. The company had a trading volume of 138,742 shares, compared to its average volume of 173,947. The company has a quick ratio of 0.06, a current ratio of 0.14 and a debt-to-equity ratio of -0.07. The stock has a market capitalization of $1,260.00, a price-to-earnings ratio of 4.21 and a beta of -1.31. Mechel PAO has a 12-month low of $4.00 and a 12-month high of $6.23.
Separately, Canaccord Genuity reiterated a “hold” rating and issued a $16.50 price target on shares of Mechel PAO in a report on Thursday, December 14th.
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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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