Mechel PAO [MTL] fell -3.40% so far this year. What now?

Mechel PAO [NYSE: MTL] traded at a high on 12/23/20, posting a 22.09 gain after which it closed the day’ session at $1.99. The company report on December 16, 2020 that Mechel Doubles Anthracite Output and Sales.

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Mechel PAO (MOEX:MTLR)(NYSE:MTL), one of the leading Russian mining and metals companies, reports that its output and sales of anthracites went up by 83% year-on-year.

In 11 months of 2020, Mechel’s anthracite output totaled 1.8 million tonnes, compared to 980,000 tonnes over last year’s first 11 months.

The results of the trading session contributed to over 3232553 shares changing hands. Over the past one week, the price volatility of Mechel PAO stands at 6.65% while the volatility over the past one month is 10.09%.

The market cap for MTL stock reached $578.25 million, with 209.15 million shares outstanding and 165.38 million shares in the current float. Compared to the average trading volume of 211.47K shares, MTL reached a trading volume of 3232553 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Mechel PAO [MTL]?

HSBC Securities have made an estimate for Mechel PAO shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on July 17, 2013. While these analysts kept the previous recommendation, HSBC Securities raised their target price from $10.60 to $7.60. The new note on the price target was released on October 16, 2012, representing the official price target for Mechel PAO stock. Previously, the target price had yet another drop from $15.80 to $10.60, while HSBC Securities kept a Overweight rating on MTL stock.

The Average True Range (ATR) for Mechel PAO is set at 0.16, with the Price to Sales ratio for MTL stock in the period of the last 12 months amounting to 0.16. Price to Free Cash Flow for MTL in the course of the last twelve months was 1.09 with Quick ratio for the last quarter at 0.10.

How has MTL stock performed recently?

Mechel PAO [MTL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.34. With this latest performance, MTL shares gained by 32.67% in over the last four-week period, additionally plugging by 9.34% over the last 6 months – not to mention a rise of 3.11% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MTL stock in for the last two-week period is set at 63.71, with the RSI for the last a single of trading hit 66.10, and the three-weeks RSI is set at 62.04 for Mechel PAO [MTL]. The present Moving Average for the last 50 days of trading for this stock 1.5487, while it was recorded at 1.7520 for the last single week of trading, and 1.6463 for the last 200 days.

Mechel PAO [MTL]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Mechel PAO [MTL] shares currently have an operating margin of +11.26 and a Gross Margin at +36.41. Mechel PAO’s Net Margin is presently recorded at +0.81.

Additionally, MTL Total Debt to Total Capital is recorded at 263.99, with Total Debt to Total Assets ending up at 126.32.

Reflecting on the efficiency of the workforce at the company, Mechel PAO [MTL] managed to generate an average of $42,879 per employee. Receivables Turnover for the company is 15.98 with a Total Asset Turnover recorded at a value of 0.94.Mechel PAO’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.10 and a Current Ratio set at 0.20.

Insider trade positions for Mechel PAO [MTL]

There are presently around $16 million, or 3.90% of MTL stock, in the hands of institutional investors. The top three institutional holders of MTL stocks are: BLACKROCK INC. with ownership of 1,894,348, which is approximately 0.356% of the company’s market cap and around 58.70% of the total institutional ownership; RENAISSANCE TECHNOLOGIES LLC, holding 1,067,381 shares of the stock with an approximate value of $2.12 million in MTL stocks shares; and STATE STREET CORP, currently with $2.01 million in MTL stock with ownership of nearly 8.707% of the company’s market capitalization.

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Positions in Mechel PAO stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 15 institutional holders increased their position in Mechel PAO [NYSE:MTL] by around 566,843 shares. Additionally, 17 investors decreased positions by around 844,682 shares, while 8 investors held positions by with 6,459,734 shares. The mentioned changes placed institutional holdings at 7,871,259 shares, according to the latest SEC report filing. MTL stock had 3 new institutional investments in for a total of 45,464 shares, while 3 institutional investors sold positions of 74,429 shares during the same period.

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