ArcelorMittal South Africa (OTCMKTS:AMSIY) Shares Down 4.8%

ArcelorMittal South Africa Ltd (OTCMKTS:AMSIY)’s share price dropped 4.8% during trading on Wednesday . The company traded as low as $0.31 and last traded at $0.31. Approximately 1,000 shares were traded during mid-day trading, an increase of 81% from the average daily volume of 552 shares. The stock had previously closed at $0.33.

The company has a 50 day moving average of $0.31. The company has a quick ratio of 0.40, a current ratio of 0.98 and a debt-to-equity ratio of 1.94.

About ArcelorMittal South Africa (OTCMKTS:AMSIY)

ArcelorMittal South Africa Ltd, together with its subsidiaries, manufactures and sells long and flat steel products. The company operates through Flat Steel Products, Long Steel Products, and Coke and Chemicals segments. It offers flat steel products, including hot rolled plates, hot and cold rolled coils, galvanized coils, color coils, electrogalvanized coils, and tinplate coils.

Featured Article: G-20

Receive News & Ratings for ArcelorMittal South Africa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ArcelorMittal South Africa and related companies with MarketBeat.com's FREE daily email newsletter.