For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of Algoma Steel Group Inc (NASDAQ: ASTL) was $4.15 for the day, down -0.48% from the previous closing price of $4.17. In other words, the price has decreased by -$0.48 from its previous closing price. On the day, 0.54 million shares were traded. ASTL stock price reached its highest trading level at $4.17 during the session, while it also had its lowest trading level at $4.065.
Ratios:
Our analysis of ASTL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 2.29. In the meantime, Its Debt-to-Equity ratio is 0.85 whereas as Long-Term Debt/Eq ratio is at 0.72.
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 435475296 and an Enterprise Value of 1176075264. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 0.531 whereas that against EBITDA is -2.758.
Stock Price History:
The Beta on a monthly basis for ASTL is 1.56, which has changed by -0.5708376 over the last 52 weeks, in comparison to a change of 0.17318606 over the same period for the S&P500. Over the past 52 weeks, ASTL has reached a high of $9.99, while it has fallen to a 52-week low of $3.02. The 50-Day Moving Average of the stock is 2.50%, while the 200-Day Moving Average is calculated to be -17.68%.
Shares Statistics:
ASTL traded an average of 1.95M shares per day over the past three months and 847650 shares per day over the past ten days. A total of 104.93M shares are outstanding, with a floating share count of 96.22M. Insiders hold about 8.30% of the company’s shares, while institutions hold 82.32% stake in the company. Shares short for ASTL as of 1765756800 were 4584045 with a Short Ratio of 2.34, compared to 1763078400 on 6411165. Therefore, it implies a Short% of Shares Outstanding of 4584045 and a Short% of Float of 5.87.
