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The price of Algoma Steel Group Inc (NASDAQ: ASTL) closed at $9.66 in the last session, down -0.62% from day before closing price of $9.72. In other words, the price has decreased by -$0.62 from its previous closing price. On the day, 0.83 million shares were traded. ASTL stock price reached its highest trading level at $9.81 during the session, while it also had its lowest trading level at $9.55.
Ratios:
We take a closer look at ASTL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.15 and its Current Ratio is at 4.19. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.39.
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 1005828160 and an Enterprise Value of 1140628864. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 0.436 whereas that against EBITDA is 11.981.
Stock Price History:
Over the past 52 weeks, ASTL has reached a high of $10.25, while it has fallen to a 52-week low of $6.34. The 50-Day Moving Average of the stock is 20.10%, while the 200-Day Moving Average is calculated to be 18.07%.
Shares Statistics:
According to the various share statistics, ASTL traded on average about 567.16K shares per day over the past 3-months and 947380 shares per day over the past 10 days. A total of 104.10M shares are outstanding, with a floating share count of 89.25M. Insiders hold about 14.26% of the company’s shares, while institutions hold 70.03% stake in the company. Shares short for ASTL as of 1722384000 were 3034215 with a Short Ratio of 5.35, compared to 1719532800 on 3009211. Therefore, it implies a Short% of Shares Outstanding of 3034215 and a Short% of Float of 3.9300002000000003.
Dividends & Splits
The forward annual dividend rate for ASTL is 0.20, which was 0.273 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.028086418
