Mechel PAO (NYSE:MTL) has a beta of 1.44, a 12-month trailing P/E ratio of 7.14. The stock’s Relative Strength Index (RSI) is 60.27, with weekly volatility at 8.10% and ATR at 0.15. The MTL stock’s 52-week price range has touched low of $1.29 and a $2.57 high. Its shares traded higher over the last trading session, gaining 9.22% on 05/28/21. The shares fell to a low of $2.09 before closing at $2.25. Intraday shares traded counted 0.44 million, which was -68.45% lower than its 30-day average trading volume of 263.47K. MTL’s previous close was $2.06 while the outstanding shares total 206.29M.
Investors have identified the Steel company Mechel PAO as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $653.80 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Mechel PAO (MTL) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For MTL, the company has in raw cash 31.61 million on their books with 4.14 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 1.09 billion total, with 5.4 billion as their total liabilities.
MTL were able to record 157.16 million as free cash flow during the 08/25/2021 quarter of the year, this saw their quarterly net cash flow reduce by 35.56 million. In cash movements, the company had a total of 175.37 million as operating cash flow.
Is the stock of MTL attractive?
In the last 6 months, insiders have changed their ownership in shares of company stock by 58.70%.