Algoma Steel Group Inc [NASDAQ: ASTL] traded at a low on 2025-07-03, posting a -0.28 loss after which it closed the day’ session at $7.09.
The results of the trading session contributed to over 303199 shares changing hands. Over the past one week, the price volatility of Algoma Steel Group Inc stands at 5.28% while the volatility over the past one month is 5.72%.
The market cap for ASTL stock reached $743.95 million, with 104.93 million shares outstanding and 90.32 million shares in the current float. Compared to the average trading volume of 1.07M shares, ASTL reached a trading volume of 303199 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Algoma Steel Group Inc [ASTL]?
Stifel have made an estimate for Algoma Steel Group Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 18, 2023. While these analysts kept the previous recommendation, Stifel raised their target price to Hold. The new note on the price target was released on June 30, 2022, representing the official price target for Algoma Steel Group Inc stock.
The Price to Book ratio for the last quarter was 0.72, with the Price to Cash per share for the same quarter was set at 1.50.
How has ASTL stock performed recently?
Algoma Steel Group Inc [ASTL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.05. With this latest performance, ASTL shares gained by 38.75% in over the last four-week period, additionally sinking by -26.68% over the last 6 months – not to mention a drop of -27.51% in the past year of trading.
Algoma Steel Group Inc [ASTL]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Algoma Steel Group Inc [ASTL] shares currently have an operating margin of -15.32% and a Gross Margin at -9.65%. Algoma Steel Group Inc’s Net Margin is presently recorded at -8.15%.
Return on Equity for this stock declined to -6.71%, with Return on Assets sitting at -6.71%.
Insider trade positions for Algoma Steel Group Inc [ASTL]
There are presently around $75.50%, or 86.49% of ASTL stock, in the hands of institutional investors. The top three institutional holders of ASTL stocks are: DONALD SMITH & CO., INC. with ownership of 8.85 million shares, which is approximately 10.3521%. MMCAP INTERNATIONAL INC. SPC, holding 8.19 million shares of the stock with an approximate value of $$56.98 million in ASTL stocks shares; and MMCAP INTERNATIONAL INC. SPC, currently with $$42.4 million in ASTL stock with ownership which is approximately 7.1281%.
