Algoma Steel Group Inc (NASDAQ:ASTL) currently has a daily average trading volume of 1.18M but it saw 1326789 shares traded in last market. With a market cap of 609.24M USD, the company’s current market price of $5.81 came rising about 10.25 while comparing to the previous closing price of $5.27. 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.
Taking a look at 20-day trading activity of Algoma Steel Group Inc (ASTL) gives us an average price of $5.07, while its current price level is -52.14% below from 52-week high level whereas it is 39.33% 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 $5.62 while that of 200 days or SMA-200 reads an average of $8.61. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.91% during that period while stretching the period over a month that increases to 7.28%. 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 58.61 which implies that the stock is in neutral territory.
Over the week, ASTL’s stock price is moving 8.80% up while it is 34.18% when we observe its performance for the past one month. Year-to-date it is -40.59% down and over the past year, the stock is showing a downside performance of -25.13%.
Currently, Algoma Steel Group Inc’s total number of outstanding shares is 104.93M with 12.72% of that held by the insiders while 80.75% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -9.43% and return on equity (ROE) at -12.92%. Stock’s beta reads 1.58. Stock has a price to book (P/B) ratio of 0.59 while price to sale or P/S ratio amounts to 0.36. Its return on asset (ROA) is -6.71% on average.
