Steel Connect Stock Price History

STCN Stock  USD 12.46  2.21  21.56%   
Below is the normalized historical share price chart for Steel Connect extending back to January 25, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Steel Connect stands at 12.46, as last reported on the 1st of December, with the highest price reaching 12.74 and the lowest price hitting 11.32 during the day.
IPO Date
25th of January 1994
200 Day MA
10.96
50 Day MA
10.3424
Beta
0.201
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Steel Stock, it is important to understand the factors that can impact its price. Steel Connect appears to be not too volatile, given 3 months investment horizon. Steel Connect owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0713, which indicates the firm had a 0.0713% return per unit of risk over the last 3 months. We have found thirty technical indicators for Steel Connect, which you can use to evaluate the volatility of the company. Please review Steel Connect's Risk Adjusted Performance of 0.0368, coefficient of variation of 2665.67, and Semi Deviation of 3.3 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Steel Connect's Common Stock Shares Outstanding is very stable compared to the past year. As of the 1st of December 2024, Liabilities And Stockholders Equity is likely to grow to about 680.6 M, while Total Stockholder Equity is likely to drop about 146.5 M. . At this time, Steel Connect's Price To Operating Cash Flows Ratio is very stable compared to the past year. As of the 1st of December 2024, Price To Free Cash Flows Ratio is likely to grow to 4.71, while Price To Sales Ratio is likely to drop 0.44. Steel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0713

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Estimated Market Risk

 4.01
  actual daily
35
65% of assets are more volatile

Expected Return

 0.29
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Steel Connect is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Steel Connect by adding it to a well-diversified portfolio.
Price Book
0.512
Enterprise Value Ebitda
3.7328
Price Sales
0.4534
Shares Float
2.2 M
Wall Street Target Price
22.5

Steel Connect Stock Price History Chart

There are several ways to analyze Steel Stock price data. The simplest method is using a basic Steel candlestick price chart, which shows Steel Connect price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 29, 202412.46
Lowest PriceNovember 18, 20249.52

Steel Connect December 1, 2024 Stock Price Synopsis

Various analyses of Steel Connect's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Steel Stock. It can be used to describe the percentage change in the price of Steel Connect from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Steel Stock.
Steel Connect Price Daily Balance Of Power 1.56 
Steel Connect Price Action Indicator 1.54 
Steel Connect Price Rate Of Daily Change 1.22 

Steel Connect December 1, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Steel Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Steel Connect intraday prices and daily technical indicators to check the level of noise trading in Steel Stock and then apply it to test your longer-term investment strategies against Steel.

Steel Stock Price History Data

The price series of Steel Connect for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 has a statistical range of 2.94 with a coefficient of variation of 5.77. The price distribution for the period has arithmetic mean of 10.55. The median price for the last 90 days is 10.49. The company completed stock split (375:3500) on 22nd of June 2023. Steel Connect had dividends distributed to its stock-holders on 2011-03-15.
OpenHighLowCloseVolume
12/01/2024
 11.45  12.74  11.32  12.46 
11/29/2024 11.45  12.74  11.32  12.46  47,051 
11/27/2024 10.27  10.36  9.96  10.25  27,392 
11/26/2024 9.93  10.29  9.64  10.29  56,661 
11/25/2024 9.83  10.23  9.83  9.90  14,540 
11/22/2024 9.88  10.30  9.74  10.03  7,327 
11/21/2024 10.29  10.29  9.81  10.00  10,391 
11/20/2024 10.03  10.34  9.97  10.34  3,533 
11/19/2024 9.45  9.94  9.45  9.94  23,447 
11/18/2024 9.93  10.00  9.50  9.52  48,236 
11/15/2024 9.66  10.03  9.66  10.03  4,909 
11/14/2024 10.29  10.29  9.75  9.80  106,509 
11/13/2024 10.05  10.32  9.75  10.17  128,107 
11/12/2024 10.29  10.29  9.66  9.94  84,115 
11/11/2024 10.39  10.50  10.07  10.29  33,945 
11/08/2024 10.49  10.50  10.30  10.50  2,813 
11/07/2024 10.11  10.94  10.11  10.60  22,395 
11/06/2024 10.31  10.65  10.20  10.30  33,865 
11/05/2024 10.48  10.49  10.00  10.00  1,538 
11/04/2024 10.60  10.76  10.07  10.30  24,010 
11/01/2024 10.64  10.94  9.95  10.65  4,146 
10/31/2024 10.40  10.94  10.40  10.61  3,946 
10/30/2024 10.61  11.25  10.15  10.61  29,809 
10/29/2024 10.11  10.74  10.06  10.66  24,296 
10/28/2024 10.12  10.28  9.90  10.11  3,064 
10/25/2024 10.29  10.29  9.97  10.11  8,164 
10/24/2024 9.90  10.12  9.71  9.91  29,746 
10/23/2024 9.77  10.30  9.77  9.93  46,334 
10/22/2024 9.87  10.04  9.65  10.00  16,813 
10/21/2024 9.89  9.99  9.65  9.98  11,314 
10/18/2024 10.30  10.30  9.82  9.92  802.00 
10/17/2024 9.89  10.40  9.89  10.18  1,907 
10/16/2024 10.45  10.57  10.11  10.24  11,985 
10/15/2024 10.20  10.49  10.20  10.49  2,906 
10/14/2024 10.10  10.28  10.10  10.23  4,572 
10/11/2024 9.96  10.23  9.96  10.05  2,659 
10/10/2024 9.85  10.10  9.85  10.03  2,724 
10/09/2024 9.61  9.97  9.61  9.88  3,535 
10/08/2024 9.91  10.20  9.66  9.66  21,532 
10/07/2024 10.57  10.83  10.31  10.49  34,680 
10/04/2024 10.63  10.63  10.42  10.57  5,546 
10/03/2024 10.70  10.75  10.50  10.69  2,635 
10/02/2024 10.79  10.80  10.52  10.65  3,420 
10/01/2024 10.72  10.84  10.56  10.74  5,946 
09/30/2024 10.92  10.92  10.54  10.55  3,414 
09/27/2024 11.01  11.12  10.92  10.92  2,920 
09/26/2024 11.10  11.10  10.59  10.90  11,538 
09/25/2024 11.00  11.10  10.97  11.10  5,293 
09/24/2024 10.75  11.09  10.75  11.04  4,667 
09/23/2024 10.75  10.77  10.32  10.77  8,304 
09/20/2024 10.72  10.81  9.72  10.79  62,198 
09/19/2024 10.40  10.93  10.40  10.93  12,121 
09/18/2024 10.61  10.95  10.12  10.49  18,473 
09/17/2024 11.00  11.00  10.60  10.61  12,116 
09/16/2024 11.25  11.25  10.76  11.14  9,021 
09/13/2024 11.59  11.71  11.04  11.48  9,843 
09/12/2024 11.29  11.68  11.10  11.50  12,322 
09/11/2024 10.94  11.63  10.93  11.45  19,549 
09/10/2024 10.95  11.43  10.93  11.26  7,082 
09/09/2024 11.72  11.72  10.58  10.93  15,878 
09/06/2024 11.03  11.60  11.03  11.54  4,176 

About Steel Connect Stock history

Steel Connect investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Steel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Steel Connect will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Steel Connect stock prices may prove useful in developing a viable investing in Steel Connect
Last ReportedProjected for Next Year
Common Stock Shares Outstanding28.6 M30 M
Net Loss-11.8 M-11.2 M

Steel Connect Stock Technical Analysis

Steel Connect technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Steel Connect technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Steel Connect trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Steel Connect Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Steel Connect's price direction in advance. Along with the technical and fundamental analysis of Steel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Steel to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Steel Connect offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Steel Connect's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Steel Connect Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Steel Connect Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Connect. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Steel Stock, please use our How to Invest in Steel Connect guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Data Processing & Outsourced Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Steel Connect. If investors know Steel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Steel Connect listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Earnings Share
3.11
Revenue Per Share
28.001
Quarterly Revenue Growth
0.124
Return On Assets
0.0104
The market value of Steel Connect is measured differently than its book value, which is the value of Steel that is recorded on the company's balance sheet. Investors also form their own opinion of Steel Connect's value that differs from its market value or its book value, called intrinsic value, which is Steel Connect's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Steel Connect's market value can be influenced by many factors that don't directly affect Steel Connect's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Steel Connect's value and its price as these two are different measures arrived at by different means. Investors typically determine if Steel Connect is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steel Connect's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.