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Algoma Steel Group Inc (NASDAQ: ASTL) closed the day trading at $10.71 down -3.25% from the previous closing price of $11.07. In other words, the price has decreased by -$3.25 from its previous closing price. On the day, 0.83 million shares were traded. ASTL stock price reached its highest trading level at $10.91 during the session, while it also had its lowest trading level at $10.34.
Ratios:
For a better understanding of ASTL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.66 and its Current Ratio is at 3.31. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.42.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 16 ’24 when Sgro David bought 200,000 shares for $10.21 per share.
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 1119012992 and an Enterprise Value of 1293071104. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 0.52 whereas that against EBITDA is -45.371.
Stock Price History:
Over the past 52 weeks, ASTL has reached a high of $12.14, while it has fallen to a 52-week low of $6.67. The 50-Day Moving Average of the stock is 2.75%, while the 200-Day Moving Average is calculated to be 21.35%.
Shares Statistics:
Over the past 3-months, ASTL traded about 620.08K shares per day on average, while over the past 10 days, ASTL traded about 517770 shares per day. A total of 104.10M shares are outstanding, with a floating share count of 93.57M. Insiders hold about 10.39% of the company’s shares, while institutions hold 78.12% stake in the company. Shares short for ASTL as of 1731628800 were 4749972 with a Short Ratio of 7.03, compared to 1728950400 on 4096131. Therefore, it implies a Short% of Shares Outstanding of 4749972 and a Short% of Float of 6.1300002.
Dividends & Splits
ASTL’s forward annual dividend rate is 0.20, up from 0.236 a year ago. Against a Trailing Annual Dividend Yield of 0.02131888
Earnings Estimates
A detailed examination of Algoma Steel Group Inc (ASTL) is currently in progress, with 1.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$1.43 and -$1.53 for the fiscal current year, implying an average EPS of -$1.49. EPS for the following year is $1.07, with 3.0 analysts recommending between $1.2 and $0.82.
Revenue Estimates
2 analysts predict $572M in revenue for the current quarter. It ranges from a high estimate of $582M to a low estimate of $562M. As of the current estimate, Algoma Steel Group Inc’s year-ago sales were $615.4M
A total of 3 analysts have provided revenue estimates for ASTL’s current fiscal year. The highest revenue estimate was $2.56B, while the lowest revenue estimate was $2.44B, resulting in an average revenue estimate of $2.49B. In the same quarter a year ago, actual revenue was $2.8BBased on 3 analysts’ estimates, the company’s revenue will be $2.87B in the next fiscal year. The high estimate is $3.13B and the low estimate is $2.71B.
