ArcelorMittal South Africa (OTCMKTS:AMSIY) Shares Down 23.2% – Here’s Why

ArcelorMittal South Africa Ltd (OTCMKTS:AMSIYGet Free Report)’s stock price dropped 23.2% during mid-day trading on Friday . The stock traded as low as $0.13 and last traded at $0.13. Approximately 800 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 10,406 shares. The stock had previously closed at $0.17.

ArcelorMittal South Africa Price Performance

The company has a current ratio of 1.48, a quick ratio of 0.54 and a debt-to-equity ratio of 0.25. The business has a fifty day moving average of $0.13 and a 200 day moving average of $0.13.

ArcelorMittal South Africa Company Profile

(Get Free Report)

ArcelorMittal South Africa Ltd. engages in the manufacture and sale of steel products. It operates through the following segments: Steel Operations, Non-steel Operations, and Corporate and Other. The company was founded in 1928 and is headquartered in Vanderbijlpark, South Africa.

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