Algoma Steel Group Inc (NASDAQ:ASTL) has a beta value of 1.59 and has seen 1.01 million shares traded in the last trading session. The company, currently valued at $656.42M, closed the last trade at $6.26 per share which meant it gained $0.28 on the day or 4.68% during that session. The ASTL stock price is -93.93% off its 52-week high price of $12.14 and 33.39% above the 52-week low of $4.17.
Algoma Steel Group Inc (NASDAQ:ASTL) trade information
Sporting 4.68% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the ASTL stock price touched $6.26 or saw a rise of 2.03%. Year-to-date, Algoma Steel Group Inc shares have moved -35.99%, while the 5-day performance has seen it change 10.99%. Over the past 30 days, the shares of Algoma Steel Group Inc (NASDAQ:ASTL) have changed 36.09%.
Algoma Steel Group Inc (ASTL) estimates and forecasts
The company’s shares have lost -44.55% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -10.89% over the past 5 years.
ASTL Dividends
Algoma Steel Group Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.20 at a share yield of 3.19%. The company’s dividend yield has gone up over the past 12 months.
Algoma Steel Group Inc (NASDAQ:ASTL)’s Major holders
The top two institutional holders are DONALD SMITH & CO., INC. with over 8.85 million shares worth more than $61.58 million. As of 2024-06-30, DONALD SMITH & CO., INC. held 10.3521% of shares outstanding.
The other major institutional holder is MMCAP INTERNATIONAL INC. SPC, with the holding of over 8.19 million shares as of 2024-06-30. The firm’s total holdings are worth over $56.98 million and represent 9.5796% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Investment Trust-Fidelity Global Commodity Stock Fund and Fidelity Capital Trust-Fidelity Value Fund . As of Mar 31, 2025 , the former fund manager holds about 2.12% shares in the company for having 2.23 shares of worth $13.94 million while later fund manager owns 2.07 shares of worth $12.96 million as of Mar 31, 2025 , which makes it owner of about 1.97% of company’s outstanding stock.
