Todays Report: Today, Mechel OAO’s (MTL) Sell Rating Reiterate at Deutsche Bank AG

Today, Mechel OAO’s (MTL) Sell Rating Reiterate at Deutsche Bank AG

Mechel OAO (NYSE:MTL)‘s stock had its “sell” rating reaffirmed by research analysts at Deutsche Bank AG in a research note issued on Tuesday.

Mechel OAO (NYSE:MTL) traded down 5.63% during midday trading on Tuesday, hitting $5.87. 271,616 shares of the stock traded hands. Mechel OAO has a 12 month low of $1.23 and a 12 month high of $6.74. The stock’s market cap is $1.22 billion. The company has a 50-day moving average of $4.80 and a 200-day moving average of $2.69.

A number of large investors have recently modified their holdings of MTL. BlackRock Institutional Trust Company N.A. increased its stake in shares of Mechel OAO by 10.4% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 293,597 shares of the company’s stock worth $840,000 after buying an additional 27,732 shares during the last quarter. BlackRock Group LTD increased its stake in shares of Mechel OAO by 4.8% in the third quarter. BlackRock Group LTD now owns 52,563 shares of the company’s stock worth $150,000 after buying an additional 2,417 shares during the last quarter. Albert D Mason Inc. bought a new stake in shares of Mechel OAO during the third quarter worth $170,000. Parametric Portfolio Associates LLC increased its stake in shares of Mechel OAO by 19.5% in the second quarter. Parametric Portfolio Associates LLC now owns 807,891 shares of the company’s stock worth $1,357,000 after buying an additional 131,996 shares during the last quarter. Finally, Van ECK Associates Corp increased its stake in shares of Mechel OAO by 24.3% in the second quarter. Van ECK Associates Corp now owns 624,403 shares of the company’s stock worth $1,049,000 after buying an additional 122,231 shares during the last quarter. 7.06% of the stock is currently owned by institutional investors.

Mechel OAO Company Profile

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Todays Report: Today, Mechel OAO’s (MTL) Sell Rating Reiterate at Deutsche Bank AG

Today, Mechel OAO’s (MTL) Sell Rating Reiterate at Deutsche Bank AG

Mechel OAO (NYSE:MTL)‘s stock had its “sell” rating reaffirmed by research analysts at Deutsche Bank AG in a research note issued on Tuesday.

Mechel OAO (NYSE:MTL) traded down 5.63% during midday trading on Tuesday, hitting $5.87. 271,616 shares of the stock traded hands. Mechel OAO has a 12 month low of $1.23 and a 12 month high of $6.74. The stock’s market cap is $1.22 billion. The company has a 50-day moving average of $4.80 and a 200-day moving average of $2.69.

A number of large investors have recently modified their holdings of MTL. BlackRock Institutional Trust Company N.A. increased its stake in shares of Mechel OAO by 10.4% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 293,597 shares of the company’s stock worth $840,000 after buying an additional 27,732 shares during the last quarter. BlackRock Group LTD increased its stake in shares of Mechel OAO by 4.8% in the third quarter. BlackRock Group LTD now owns 52,563 shares of the company’s stock worth $150,000 after buying an additional 2,417 shares during the last quarter. Albert D Mason Inc. bought a new stake in shares of Mechel OAO during the third quarter worth $170,000. Parametric Portfolio Associates LLC increased its stake in shares of Mechel OAO by 19.5% in the second quarter. Parametric Portfolio Associates LLC now owns 807,891 shares of the company’s stock worth $1,357,000 after buying an additional 131,996 shares during the last quarter. Finally, Van ECK Associates Corp increased its stake in shares of Mechel OAO by 24.3% in the second quarter. Van ECK Associates Corp now owns 624,403 shares of the company’s stock worth $1,049,000 after buying an additional 122,231 shares during the last quarter. 7.06% of the stock is currently owned by institutional investors.

Mechel OAO Company Profile

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