Positive News Coverage Very Likely to Affect Mechel PAO (MTL) Stock Price

News coverage about Mechel PAO (NYSE:MTL) has been trending positive on Friday, Alpha One reports. Alpha One, a service of Accern, ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mechel PAO earned a media sentiment score of 0.44 on Alpha One’s scale. Alpha One also gave news coverage about the basic materials company an impact score of 81 out of 100, meaning that recent news coverage is very likely to have an impact on the company’s share price in the near future.

Here are some of the news articles that may have effected Alpha One’s analysis:

Mechel PAO (NYSE:MTL) traded down 1.52% during trading on Friday, reaching $5.18. 111,005 shares of the company were exchanged. Mechel PAO has a one year low of $1.46 and a one year high of $6.83. The firm’s 50 day moving average price is $5.16 and its 200-day moving average price is $5.33. The stock’s market capitalization is $1.08 billion.

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About Mechel PAO

Mechel PAO, formerly Mechel OAO, is a holding company. The Company operates in the mining, steel and power industry segments. Its segments include Steel segment, comprising production and sales of semi-finished steel products, carbon and specialty long products, carbon and stainless flat products, and value-added downstream metal products, including forgings, stampings, and hardware, and ferrosilicon; Mining segment, comprising production and sales of coal (coking and steam), and middlings, coke and chemical products, and iron ore, which supplies raw materials to the Steel and Power segments, and also sells raw materials to third parties, and Power segment, comprising generation and sales of electricity and heat power, which supplies electricity and heat power to the Steel and Mining segments, and also sells a portion of electricity and heat power to third parties.

5 Day Chart for NYSE:MTL

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