Algoma Steel Group Inc (NASDAQ:ASTL) currently has a daily average trading volume of 638.88K but it saw 2518040 shares traded in last market. With a market cap of 1.74B USD, the company’s current market price of $12.01 came rising about 6.38 while comparing to the previous closing price of $11.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.41 and as low as $6.67. In the recent trading on the day, stock has struck highest price mark of $10.84 while lowest mark touched by it was $12.14.
Taking a look at 20-day trading activity of Algoma Steel Group Inc (ASTL) gives us an average price of $10.26, while its current price level is 5.26% below from 52-week high level whereas it is 80.06% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $10.19 while that of 200 days or SMA-200 reads an average of $8.64. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.82% during that period while stretching the period over a month that decreases to 3.62%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 76.90 which implies that the stock is in overbought territory.
Over the week, ASTL’s stock price is moving 16.04% up while it is 20.22% when we observe its performance for the past one month. Year-to-date it is 19.74% up and over the past year, the stock is showing an upside performance of 68.44%.
Currently, Algoma Steel Group Inc’s total number of outstanding shares is 104.10M. Company’s return on investment (ROI) stands at -7.75% and return on equity (ROE) at -10.29%. Stock’s beta reads 1.50. Stock has a price to book (P/B) ratio of 1.20 while price to sale or P/S ratio amounts to 0.95. Its return on asset (ROA) is -5.36% on average.
