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.
As of close of business last night, Algoma Steel Group Inc’s stock clocked out at $6.80, up 3.82% from its previous closing price of $6.55. In other words, the price has increased by $3.82 from its previous closing price. On the day, 1.51 million shares were traded.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 0.69.
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 $4.17. The 50-Day Moving Average of the stock is 25.57%, while the 200-Day Moving Average is calculated to be -16.41%.
Shares Statistics:
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 77.87% stake in the company.
