Algoma Steel Group Inc. (NASDAQ:ASTL) went down by -2.55% from its latest closing price compared to the recent 1-year high of $13.65. The company’s stock price has collected -2.75% of loss in the last five trading sessions.
Is It Worth Investing in Algoma Steel Group Inc. (NASDAQ :ASTL) Right Now?
Algoma Steel Group Inc. (NASDAQ:ASTL) scored a price-to-earnings ratio above its average ratio, recording 1.67 x from its present earnings ratio. Opinions of the stock are interesting as 2 analysts out of 3 who provided ratings for Algoma Steel Group Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $18.83. ASTL currently public float of 94.82M and currently shorts hold a 2.29% ratio of that float. Today, the average trading volume of ASTL was 1.17M shares.
ASTL’s Market Performance
ASTL stocks went down by -2.75% for the week, with a monthly drop of -1.18% and a quarterly performance of -24.05%, while its annual performance rate touched -8.56%. The volatility ratio for the week stands at 4.69% while the volatility levels for the past 30 days are set at 4.64% for Algoma Steel Group Inc. The simple moving average for the period of the last 20 days is -0.42% for ASTL stocks with a simple moving average of -9.89% for the last 200 days.
ASTL Trading at -2.89% from the 50-Day Moving Average
After a stumble in the market that brought ASTL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.67% of loss for the given period.
Volatility was left at 4.64%, however, over the last 30 days, the volatility rate increased by 4.69%, as shares surge +0.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.03% lower at present.
During the last 5 trading sessions, ASTL fell by -2.75%, in comparison to the 20-day moving average, which settled at $9.23. In addition, Algoma Steel Group Inc. saw -14.99% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ASTL
Equity return is now at value 96.90, with 37.70 for asset returns.
Based on Algoma Steel Group Inc. (ASTL), the company’s capital structure generated 257.85 points at debt to equity in total, while total debt to capital is 72.06.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.05.