For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Algoma Steel Group Inc (NASDAQ: ASTL) closed at $7.79 down -1.02% from its previous closing price of $7.87. In other words, the price has decreased by -$1.02 from its previous closing price. On the day, 0.59 million shares were traded.
Ratios:
For a deeper understanding of Algoma Steel Group Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 0.45 while its Price-to-Book (P/B) ratio in mrq is 0.78.
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 -12.27%, while the 200-Day Moving Average is calculated to be -14.48%.
Shares Statistics:
A total of 104.42M shares are outstanding, with a floating share count of 95.05M. Insiders hold about 8.97% of the company’s shares, while institutions hold 81.82% stake in the company.
