Algoma Steel Group Stock Today
| ASTLW Stock | USD 1.87 0.02 1.06% |
Performance2 of 100
| Odds Of DistressOver 56
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Algoma Steel is selling for under 1.87 as of the 28th of November 2024; that is 1.06 percent down since the beginning of the trading day. The stock's lowest day price was 1.85. Algoma Steel has over 56 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Algoma Steel Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Materials | IPO Date 20th of October 2021 | Category Basic Materials |
Algoma Steel Group Inc. produces and sells steel products in Canada and the United States. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Algoma Steel operates under Steel classification in the United States and is traded on NASDAQ Exchange. More on Algoma Steel Group
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Algoma Stock Highlights
| CEO Director | Michael Garcia | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Steel Works Etc (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified Metals & Mining, Materials, Basic Materials, Steel Works Etc, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Algoma Steel can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Algoma Steel's financial leverage. It provides some insight into what part of Algoma Steel's total assets is financed by creditors.
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Algoma Steel Group (ASTLW) is traded on NASDAQ Exchange in USA. It is located in 105 West Street, Sault Ste. Marie, ON, Canada, P6A 7B4 and employs 2,844 people. Algoma Steel is listed under Diversified Metals & Mining category by Fama And French industry classification. The company classifies itself under Metals & Mining sector and is part of Materials industry.
Algoma Steel Group has accumulated about 21.9 M in cash with 294.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22.
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Algoma Steel Historical Income Statement
Algoma Stock Against Markets
Algoma Steel Corporate Management
| Rory Brandow | Vice Sales | Profile | |
| Brenda Stenta | Manager Branding | Profile | |
| Rajat Marwah | Chief Officer | Profile | |
| Mike Panzeri | Senior Production | Profile | |
| Michael Moraca | Treasurer Officer | Profile | |
| Danielle Baker | Chief Officer | Profile |
Already Invested in Algoma Steel Group?
The danger of trading Algoma Steel Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Algoma Steel is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Algoma Steel. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Algoma Steel Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for Algoma Stock Analysis
When running Algoma Steel's price analysis, check to measure Algoma Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Algoma Steel is operating at the current time. Most of Algoma Steel's value examination focuses on studying past and present price action to predict the probability of Algoma Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Algoma Steel's price. Additionally, you may evaluate how the addition of Algoma Steel to your portfolios can decrease your overall portfolio volatility.