Algoma Steel Group Inc (NASDAQ:ASTL) currently has a daily average trading volume of 1.08M but it saw 1216472 shares traded in last market. With a market cap of 550.51M USD, the company’s current market price of $5.25 came rising about 6.49 while comparing to the previous closing price of $4.93. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.14 and as low as $4.17. In the recent trading on the day, stock has struck highest price mark of $4.95 while lowest mark touched by it was $5.34.
Taking a look at 20-day trading activity of Algoma Steel Group Inc (ASTL) gives us an average price of $4.98, while its current price level is -56.75% below from 52-week high level whereas it is 25.90% 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 $6.08 while that of 200 days or SMA-200 reads an average of $8.74. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.32% during that period while stretching the period over a month that increases to 7.41%. 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 48.68 which implies that the stock is in neutral territory.
Over the week, ASTL’s stock price is moving 11.46% up while it is -14.50% when we observe its performance for the past one month. Year-to-date it is -46.32% down and over the past year, the stock is showing a downside performance of -32.86%.
The company is expected to be releasing its next quarterly report on 2025-Mar-11, for which analysts forecasted an EPS of -0.25 while estimate for next year EPS is -1.58.
Currently, Algoma Steel Group Inc’s total number of outstanding shares is 104.86M with 12.78% of that held by the insiders while 79.79% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -10.91%. Stock’s beta reads 1.57. Stock has a price to book (P/B) ratio of 0.52 while price to sale or P/S ratio amounts to 0.31.
