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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.6 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 1.47 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:
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 0.36 while its Price-to-Book (P/B) ratio in mrq is 0.59.
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 4.75%, while the 200-Day Moving Average is calculated to be -32.45%.
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 77.74% stake in the company.
Earnings Estimates
The stock of Algoma Steel Group Inc (ASTL) is currently being evaluated by 3 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is -$0.5, with high estimates of -$0.47 and low estimates of -$0.53.
Analysts are recommending an EPS of between -$1.41 and -$1.91 for the fiscal current year, implying an average EPS of -$1.66. EPS for the following year is $0.45, with 4.0 analysts recommending between $1.2 and -$0.47.
Revenue Estimates
For the next quarter, 3 analysts are estimating revenue of $613.4M. There is a high estimate of $613.4M for the next quarter, whereas the lowest estimate is $613.4M.
A total of 4 analysts have provided revenue estimates for ASTL’s current fiscal year. The highest revenue estimate was $2.51B, while the lowest revenue estimate was $2.38B, resulting in an average revenue estimate of $2.43B. In the same quarter a year ago, actual revenue was $2.46BBased on 4 analysts’ estimates, the company’s revenue will be $2.92B in the next fiscal year. The high estimate is $3B and the low estimate is $2.87B.
