Daily Trade Flow Review for Arcelor Mittal

Posted on 11/16/2012 by Jane Lacave

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NEW YORK (AVAFIN) -- A total of 20 block trades were executed during the market session, typically at least 10,000 shares or more represent a single block unit. Block trading activity shows that $12,983,594 worth of shares were bought and $5,344,514 worth of shares were sold by institutional investors. The positive net cash flow of $7,639,080 into the stock shows that investment houses have positive outlook for shares of Arcelor Mittal.

View all Block Trading Activities

Options traders were busy as well, a total of 10,986 call and 9,498 put contracts were traded yesterday yielding a 0.86 put/call ratio.

Arcelor Mittal is currently trading at $14.82, up $0.06 (+0.41%) in today's trading session. The shares of the stock were trading between $14.51 and $14.89. Within the last month, shares of MT have lost -2.32% of their value. Todays's volume of 5M shares is less than the average volume of 6M shares. MT is trading below the 50 day moving average and lower than the 200 day moving average.

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