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

Automated Summaries - The Globe and Mail - Tue Aug 6, 4:02PM CDT

Today, Algoma Steel Group Inc shares closed at $12.17 after opening the day at $12.51. It traded at a low of $12.10 to a high of $12.77.

The price slid -7.03 percent from the previous day's close of $13.09.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

A total of 108,482 shares was traded during the last trading day, with total trades of 836. On average, Algoma Steel Group Inc has traded 98,477 shares in the last five days and 53,123 year-to-date.

Trading across the entire TSX saw 3,772 price advancers against 1,443 declines and 86 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, in the last 12 months, Algoma Steel Group Inc's shares have raised 29.47%, while they have eased -8.50% year-to-date.

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 $1.36 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.

Currently, Algoma Steel Group Inc's consensus rating is "Strong Sell" based on 0 analysts according to Zacks. From those 0 analysts,.

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..