BlueScope Steel (ASX:BSL) Reaches New 52-Week High at $15.23

Shares of BlueScope Steel Limited (ASX:BSL) hit a new 52-week high on Thursday . The stock traded as high as A$15.23 ($10.80) and last traded at A$15.22 ($10.79), with a volume of 1765648 shares traded. The stock had previously closed at A$14.46 ($10.26).

The company has a current ratio of 1.75, a quick ratio of 0.99 and a debt-to-equity ratio of 12.97. The firm has a market capitalization of $7.82 billion and a P/E ratio of 8.11. The firm has a 50-day moving average of A$14.12 and a two-hundred day moving average of A$12.61.

In related news, insider Mark Vassella sold 463,446 shares of the company’s stock in a transaction on Thursday, September 19th. The stock was sold at an average price of A$12.25 ($8.69), for a total transaction of A$5,677,676.95 ($4,026,721.24). Also, insider Jennifer Lambert acquired 4,200 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The shares were acquired at an average price of A$12.05 ($8.55) per share, with a total value of A$50,610.00 ($35,893.62).

About BlueScope Steel (ASX:BSL)

BlueScope Steel Limited produces and sells metal coated and painted steel building products in Australia, Asia, North America, New Zealand, and internationally. It operates through five segments: Australian Steel Products, North Star BlueScope Steel, Building Products Asia and North America, Buildings North America, and New Zealand and Pacific Steel Products.

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