In last trading session, Algoma Steel Group Inc (NASDAQ:ASTL) saw 1.01 million shares changing hands with its beta currently measuring 1.58. Company’s recent per share price level of $5.63 trading at $0.19 or 3.49% at ring of the bell on the day assigns it a market valuation of $590.36M. That closing price of ASTL’s stock is at a discount of -115.63% from its 52-week high price of $12.14 and is indicating a premium of 7.64% from its 52-week low price of $5.20. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.78 million shares which gives us an average trading volume of 981.52K if we extend that period to 3-months.
For Algoma Steel Group Inc (ASTL), analysts’ consensus is at an average recommendation of Buy Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.
Algoma Steel Group Inc (NASDAQ:ASTL) trade information
Upright in the green during last session for gaining 3.49%, in the last five days ASTL remained trading in the red while hitting it’s week-highest on Thursday, 03/27/25 when the stock touched $5.63 price level, adding 4.9% to its value on the day. Algoma Steel Group Inc’s shares saw a change of -42.43% in year-to-date performance and have moved -5.22% in past 5-day. Algoma Steel Group Inc (NASDAQ:ASTL) showed a performance of -13.91% in past 30-days. Number of shares sold short was 2.84 million shares which calculate 1.71 days to cover the short interests.
Algoma Steel Group Inc (ASTL) estimates and forecasts
This year revenue growth is estimated to fall -18.59% from the last financial year’s standing.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -10.89% during past 5 years.
Algoma Steel Group Inc (NASDAQ:ASTL)’s Major holders
Insiders are in possession of 7.55% of company’s total shares while institution are holding 79.49 percent of that, with stock having share float percentage of 85.98%. Investors also watch the number of corporate investors in a company very closely, which is 79.49% institutions for Algoma Steel Group Inc that are currently holding shares of the company. DONALD SMITH & CO., INC. is the top institutional holder at ASTL for having 8.85 million shares of worth $61.58 million. And as of 2024-06-30, it was holding 10.3521 of the company’s outstanding shares.
The second largest institutional holder is MMCAP INTERNATIONAL INC. SPC, which was holding about 8.19 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.5796 of outstanding shares, having a total worth of $56.98 million.
On the other hand, Fidelity Investment Trust-Fidelity Global Commodity Stock Fund and Fidelity Capital Trust-Fidelity Value Fund are the top two Mutual Funds which own company’s shares. As of Jan 31, 2025 , the former fund manager was holding 2.24 shares of worth $12.62 million or 2.14% of the total outstanding shares. The later fund manager was in possession of 2.07 shares on Feb 28, 2025 , making its stake of worth around $11.66 million in the company or a holder of 1.97% of company’s stock.
