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After finishing at $5.14 in the prior trading day, Algoma Steel Group Inc (NASDAQ: ASTL) closed at $5.01, down -2.53%. In other words, the price has decreased by -$2.53 from its previous closing price. On the day, 0.76 million shares were traded. ASTL stock price reached its highest trading level at $5.18 during the session, while it also had its lowest trading level at $5.0.
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 0.98 and its Current Ratio is at 2.46. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.47.
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 539907712 and an Enterprise Value of 1091218304. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 0.55. Its current Enterprise Value per Revenue stands at 0.476 whereas that against EBITDA is -2.767.
Stock Price History:
The Beta on a monthly basis for ASTL is 1.62, which has changed by -0.43261606 over the last 52 weeks, in comparison to a change of 0.20799685 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 -20.08%, while the 200-Day Moving Average is calculated to be -33.80%.
Shares Statistics:
The stock has traded on average 1.01M shares per day over the past 3-months and 1338600 shares per day over the last 10 days, according to various share 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 80.98% stake in the company. Shares short for ASTL as of 1752537600 were 4430400 with a Short Ratio of 4.39, compared to 1749772800 on 4241967. Therefore, it implies a Short% of Shares Outstanding of 4430400 and a Short% of Float of 5.6799997.
Dividends & Splits
In the trailing 12 months, ASTL’s forward annual dividend rate was 0.424, compared to 0.20 this year. Against a Trailing Annual Dividend Yield of 0.08249027
