Ratio Analysis: Unpacking Algoma Steel Group Inc (ASTL)’s Price-to-Cash and Price-to-Free Cash Flow

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.

After finishing at $5.27 in the prior trading day, Algoma Steel Group Inc (NASDAQ: ASTL) closed at $4.94, down -6.26%. In other words, the price has decreased by -$6.26 from its previous closing price. On the day, 2.13 million shares were traded.

Ratios:

Our goal is to gain a better understanding of ASTL by taking a closer look at 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:

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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 0.50.

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 -7.62%, while the 200-Day Moving Average is calculated to be -40.80%.

Shares Statistics:

A total of 104.93M shares are outstanding, with a floating share count of 90.31M. Insiders hold about 13.94% of the company’s shares, while institutions hold 77.83% stake in the company.

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