In last trading session, Algoma Steel Group Inc (NASDAQ:ASTL) saw 1.05 million shares changing hands with its beta currently measuring 1.60. Company’s recent per share price level of $6.88 trading at $0.19 or 2.84% at ring of the bell on the day assigns it a market valuation of $721.92M. That closing price of ASTL’s stock is at a discount of -76.45% from its 52-week high price of $12.14 and is indicating a premium of 39.39% from its 52-week low price of $4.17. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.3 million shares which gives us an average trading volume of 1.04 million 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.
Algoma Steel Group Inc (NASDAQ:ASTL) trade information
Upright in the green during last session for gaining 2.84%, in the last five days ASTL remained trading in the green while hitting it’s week-highest on Tuesday, 06/24/25 when the stock touched $6.88 price level, adding 2.13% to its value on the day. Algoma Steel Group Inc’s shares saw a change of -3.23% in year-to-date performance and have moved 3.30% in past 5-day. Algoma Steel Group Inc (NASDAQ:ASTL) showed a performance of 24.86% in past 30-days. Number of shares sold short was 4.24 million shares which calculate 4.5 days to cover the short interests.
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 12.71% of company’s total shares while institution are holding 75.50 percent of that, with stock having share float percentage of 86.49%. Investors also watch the number of corporate investors in a company very closely, which is 75.50% 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.
