Algoma Steel Group Inc (NASDAQ:ASTL) currently has a daily average trading volume of 624.29K but it saw 1030523 shares traded in last market. With a market cap of 1.64B USD, the company’s current market price of $11.25 came falling about -1.06 while comparing to the previous closing price of $11.37. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.14 and as low as $6.67. In the recent trading on the day, stock has struck highest price mark of $11.24 while lowest mark touched by it was $11.69.
Taking a look at 20-day trading activity of Algoma Steel Group Inc (ASTL) gives us an average price of $10.87, while its current price level is -7.33% below from 52-week high level whereas it is 68.67% 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 $10.35 while that of 200 days or SMA-200 reads an average of $8.77. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.13% during that period while stretching the period over a month that increases to 4.20%. 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 58.28 which implies that the stock is in neutral territory.
Over the week, ASTL’s stock price is moving 2.27% up while it is 16.94% when we observe its performance for the past one month. Year-to-date it is 12.16% up and over the past year, the stock is showing an upside performance of 43.49%.
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 1.51. Stock has a price to book (P/B) ratio of 1.12 while price to sale or P/S ratio amounts to 0.90. Its return on asset (ROA) is -5.36% on average.
