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Algoma Steel Group Inc (NASDAQ: ASTL) closed the day trading at $3.31 up 3.76% from the previous closing price of $3.19. In other words, the price has increased by $3.76 from its previous closing price. On the day, 2.23 million shares were traded. ASTL stock price reached its highest trading level at $3.41 during the session, while it also had its lowest trading level at $3.21.
Ratios:
For a better understanding of ASTL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 2.46. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.47.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASTL now has a Market Capitalization of 349118240 and an Enterprise Value of 912830912. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21 while its Price-to-Book (P/B) ratio in mrq is 0.37. Its current Enterprise Value per Revenue stands at 0.399 whereas that against EBITDA is -2.315.
Stock Price History:
The Beta on a monthly basis for ASTL is 1.55, which has changed by -0.66933066 over the last 52 weeks, in comparison to a change of 0.17904854 over the same period for the S&P500. Over the past 52 weeks, ASTL has reached a high of $12.14, while it has fallen to a 52-week low of $3.02. The 50-Day Moving Average of the stock is -28.94%, while the 200-Day Moving Average is calculated to be -47.15%.
Shares Statistics:
Over the past 3-months, ASTL traded about 1.20M shares per day on average, while over the past 10 days, ASTL traded about 2078510 shares per day. A total of 104.93M shares are outstanding, with a floating share count of 96.27M. Insiders hold about 8.26% of the company’s shares, while institutions hold 78.86% stake in the company. Shares short for ASTL as of 1757894400 were 4044002 with a Short Ratio of 3.36, compared to 1755216000 on 4229300. Therefore, it implies a Short% of Shares Outstanding of 4044002 and a Short% of Float of 5.1799998.
Earnings Estimates
The consensus estimate for the next quarter is -$0.79, with high estimates of -$0.54 and low estimates of -$1.04.
EPS for the following year is -$2.46, with 3.0 analysts recommending between -$1.72 and -$3.57.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $470.5M. There is a high estimate of $470.5M for the next quarter, whereas the lowest estimate is $470.5M.
A total of 2 analysts have provided revenue estimates for ASTL’s current fiscal year. The highest revenue estimate was $2.32B, while the lowest revenue estimate was $2.01B, resulting in an average revenue estimate of $2.17B. In the same quarter a year ago, actual revenue was $2.46BBased on 2 analysts’ estimates, the company’s revenue will be $2.44B in the next fiscal year. The high estimate is $2.57B and the low estimate is $2.31B.
