ArcelorMittal South Africa Ltd (OTCMKTS:AMSIY – Get Free Report) shares dropped 23.2% during mid-day trading on Wednesday . The stock traded as low as $0.13 and last traded at $0.13. Approximately 800 shares traded hands during 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 firm’s 50-day moving average price is $0.13 and its 200 day moving average price is $0.13. The company has a current ratio of 1.48, a quick ratio of 0.54 and a debt-to-equity ratio of 0.25.
About ArcelorMittal South Africa
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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