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Closing Bell: Algoma Steel Group Inc up on Thursday (ASTL)

Automated Summaries - The Globe and Mail - Thu Aug 1, 4:01PM CDT

In today's trading, Algoma Steel Group Inc shares closed at $13.08 after opening the day at $12.48. prices ranged from a low of $12.48 to a high of $13.54.

The price advanced 7.57% from the previous day's close of $12.16.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

Algoma Steel Group Inc traded under ASTL on the Toronto Stock Exchange (TSX).

A total of 204,434 shares was traded during the session, with total trades of 1,354. On average, Algoma Steel Group Inc has traded 74,054 shares in the last five days and 52,593 year-to-date.

The TSX market on the whole today saw 907 price advancers against 4,327 declines and 72 unchanged.

During the prior 52 weeks, ASTL.TO has traded as high as $13.54 (August 01,2024) and low as $8.71 (October 06,2023). Moreover, the shares have advanced 30.54% in 52 weeks, while in 2024, they have eased -1.65%.

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..