Algoma Steel Group Inc (NASDAQ: ASTL)’s stock price has increased by 6.49 compared to its previous closing price of 4.93. However, the company has seen a 11.46% increase in its stock price over the last five trading sessions. globenewswire.com reported 2025-04-22 that SAULT STE. MARIE, Ontario, April 22, 2025 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its 2025 first quarter financial results after the market closes on Tuesday, April 29, 2025. A webcast and conference call will be held on Wednesday, April 30, 2025 at 11:00 a.m. Eastern Time to review the Company’s results, discuss recent events, and conduct a question-and-answer session.
Is It Worth Investing in Algoma Steel Group Inc (NASDAQ: ASTL) Right Now?
ASTL has 36-month beta value of 1.58. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for ASTL is 89.98M, and currently, short sellers hold a 3.79% ratio of that float. The average trading volume of ASTL on April 25, 2025 was 1.07M shares.
ASTL’s Market Performance
ASTL’s stock has seen a 11.46% increase for the week, with a -14.50% drop in the past month and a -39.17% fall in the past quarter. The volatility ratio for the week is 5.32%, and the volatility levels for the past 30 days are at 7.41% for Algoma Steel Group Inc The simple moving average for the past 20 days is 5.47% for ASTL’s stock, with a -39.95% simple moving average for the past 200 days.
ASTL Trading at -13.71% 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 -56.75% of loss for the given period.
Volatility was left at 7.41%, however, over the last 30 days, the volatility rate increased by 5.32%, as shares sank -11.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -35.34% lower at present.
During the last 5 trading sessions, ASTL rose by +11.46%, which changed the moving average for the period of 200-days by -26.16% in comparison to the 20-day moving average, which settled at $4.98. In addition, Algoma Steel Group Inc saw -46.32% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ASTL starting from Sgro David, who proposed sale 200,000 shares at the price of $10.21 back on Sep 16 ’24. After this action, Sgro David now owns shares of Algoma Steel Group Inc, valued at $2,042,000 using the latest closing price.
Stock Fundamentals for ASTL
Current profitability levels for the company are sitting at:
- -0.09 for the present operating margin
- -0.03 for the gross margin
The net margin for Algoma Steel Group Inc stands at -0.06. The total capital return value is set at -0.08.
Based on Algoma Steel Group Inc (ASTL), the company’s capital structure generated 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 0.44. The interest coverage ratio of the stock is -3.89.
Currently, EBITDA for the company is 260.9 million with net debt to EBITDA at -3.93. When we switch over and look at the enterprise to sales, we see a ratio of 0.47. The receivables turnover for the company is 10.82for trailing twelve months and the total asset turnover is 0.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.07.
Conclusion
To put it simply, Algoma Steel Group Inc (ASTL) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
