Algoma Steel Group Inc. (TSE:ASTL – Get Free Report) Director David Daniel Sgro sold 6,845 shares of the business’s stock in a transaction on Thursday, September 19th. The stock was sold at an average price of C$10.06, for a total transaction of C$68,842.90.
Algoma Steel Group Price Performance
TSE:ASTL opened at C$13.26 on Monday. The company has a debt-to-equity ratio of 40.70, a quick ratio of 1.51 and a current ratio of 4.19. The company has a 50-day moving average of C$12.99 and a 200-day moving average of C$11.38. Algoma Steel Group Inc. has a 52 week low of C$8.71 and a 52 week high of C$14.48. The company has a market capitalization of C$1.38 billion, a price-to-earnings ratio of -60.27 and a beta of 1.51.
Algoma Steel Group Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 27th will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend is Friday, August 23rd. Algoma Steel Group’s dividend payout ratio (DPR) is presently -122.73%.
Wall Street Analysts Forecast Growth
Check Out Our Latest Research Report on ASTL
Algoma Steel Group Company Profile
Algoma Steel Group Inc produces and sells steel products primarily in North America. The company provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications.
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