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Closing Bell: Algoma Steel Group Inc down on Wednesday (ASTL)

Automated Summaries - The Globe and Mail - Wed Jul 24, 4:02PM CDT

Algoma Steel Group Inc opened trading today at $12.20 and closed at $11.84. prices ranged from a low of $11.83 to a high of $12.29.

Shares decreased -2.87 percent from the previous day's close of $12.19.

During the day across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

Algoma Steel Group Inc has listed on the Toronto Stock Exchange (TSX) under the ticker ASTL.

Trading volume was 44,606 on 358 total trades, while having an average volume of 62,615 over 5 days.

The TSX overall saw 1,249 price advancers against 3,959 declines and 110 unchanged.

During the prior 52 weeks, ASTL.TO has traded as high as $13.54 (December 27,2023) and low as $8.71 (October 06,2023). Moreover, in the last 52 weeks, Algoma Steel Group Inc's shares have boosted 25.69 percent, while they have eased -10.98% this year.

It announced a 0.05 dividend on June 20/24, with an July 02/24 ex-date and July 19/24 pay day.

Following today's trading, Algoma Steel Group Inc has a market capitalization of $1.27 billion on a float of 104,103 shares outstanding. Its annual EPS is $0.70.

Algoma Steel Group Inc is a TSX Steel company headquartered in Marie, CAN.

Algoma Steel Group Inc's average recommendation is "Strong Sell" based on 0.00 analysts according to Zacks. Currently, there are for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..