stoxline Quote Chart Rank Option Currency Glossary
  
Algoma Steel Group Inc. (ASTL)
7.85  0.2 (2.61%)    04-17 16:00
Open: 7.74
High: 7.92
Volume: 248,305
  
Pre. Close: 7.65
Low: 7.74
Market Cap: 817(M)
Technical analysis
2024-04-17 4:45:04 PM
Short term     
Mid term     
Targets 6-month :  9.72 1-year :  10.32
Resists First :  8.32 Second :  8.84
Pivot price 8.2
Supports First :  7.49 Second :  6.23
MAs MA(5) :  7.8 MA(20) :  8.17
MA(100) :  8.51 MA(250) :  7.71
MACD MACD :  -0.1 Signal :  -0.1
%K %D K(14,3) :  16.3 D(3) :  11.8
RSI RSI(14): 43.4
52-week High :  10.25 Low :  6.34
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and BEARISH in mid-long term.
[ ASTL ] has closed above bottom band by 22.1%. Bollinger Bands are 2.3% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 7.94 - 7.99 7.99 - 8.04
Low: 7.61 - 7.68 7.68 - 7.74
Close: 7.75 - 7.85 7.85 - 7.95
Company Description

Algoma Steel Group Inc. produces and sells steel products primarily in North America. It provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Marie, Canada.

Headline News

Wed, 17 Apr 2024
Algoma Steel Group Inc. (NASDAQ:ASTL) Shares Sold by DekaBank Deutsche Girozentrale - Defense World

Mon, 15 Apr 2024
11 Undervalued Stocks for Less Than $50 in April 2024 - Investopedia

Thu, 11 Apr 2024
Earnings Preview: Algoma Steel Group Inc. (ASTL) Q1 Earnings Expected to Decline - Yahoo Canada Shine On

Mon, 01 Apr 2024
Algoma Steel Group Inc. (NASDAQ:ASTL) Short Interest Update - Defense World

Tue, 26 Mar 2024
Algoma Steel Inc. Announces Pricing of US$350 Million 9.125% Senior Secured Second Lien Notes due 2029 - GlobeNewswire

Mon, 25 Mar 2024
Algoma Steel Provides Fiscal Fourth Quarter 2024 Guidance - GlobeNewswire

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Neutral
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Neutral
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Outperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Neutral
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Underperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Outperform
Stock Basics & Statistics
Exchange:
NASDAQ
Sector:
Basic Materials
Industry:
Steel
Shares Out 104 (M)
Shares Float 88 (M)
Held by Insiders 4.8 (%)
Held by Institutions 69.8 (%)
Shares Short 3,720 (K)
Shares Short P.Month 4,180 (K)
Stock Financials
EPS 0.46
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 13.85
Profit Margin 1.9 %
Operating Margin -8.7 %
Return on Assets (ttm) 3.7 %
Return on Equity (ttm) 3.9 %
Qtrly Rev. Growth 8.3 %
Gross Profit (p.s.) 0
Sales Per Share 27.39
EBITDA (p.s.) 2.49
Qtrly Earnings Growth 0 %
Operating Cash Flow 269 (M)
Levered Free Cash Flow -124 (M)
Stock Valuations
PE Ratio 16.7
PEG Ratio 0
Price to Book value 0.56
Price to Sales 0.28
Price to Cash Flow 3.03
Stock Dividends
Dividend 0.05
Forward Dividend 0
Dividend Yield 0.6%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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