The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
As of close of business last night, Algoma Steel Group Inc’s stock clocked out at $6.99, down -1.41% from its previous closing price of $7.09. In other words, the price has decreased by -$1.41 from its previous closing price. On the day, 0.82 million shares were traded. ASTL stock price reached its highest trading level at $7.0284 during the session, while it also had its lowest trading level at $6.85.
Ratios:
To gain a deeper understanding of ASTL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.47 and its Current Ratio is at 3.10. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.42.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 734264512 and an Enterprise Value of 1150993920. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 0.49 whereas that against EBITDA is -3.627.
Stock Price History:
The Beta on a monthly basis for ASTL is 1.65, which has changed by 0.0028694868 over the last 52 weeks, in comparison to a change of 0.11708844 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 $4.17. The 50-Day Moving Average of the stock is 17.80%, while the 200-Day Moving Average is calculated to be -11.86%.
Shares Statistics:
It appears that ASTL traded 1.05M shares on average per day over the past three months and 939170 shares per day over the past ten days. A total of 104.93M shares are outstanding, with a floating share count of 90.32M. Insiders hold about 13.92% of the company’s shares, while institutions hold 77.92% stake in the company. Shares short for ASTL as of 1749772800 were 4241967 with a Short Ratio of 4.03, compared to 1747267200 on 3673637. Therefore, it implies a Short% of Shares Outstanding of 4241967 and a Short% of Float of 5.4399999999999995.
Dividends & Splits
With its trailing 12-month dividend rate of 0.292, ASTL has a forward annual dividend rate of 0.25. Against a Trailing Annual Dividend Yield of 0.041184764
