Algoma Steel Group Inc. (TSE:ASTL – Get Free Report) Director David Daniel Sgro sold 6,845 shares of Algoma Steel Group stock in a transaction on Thursday, September 19th. The shares were sold at an average price of C$10.06, for a total value of C$68,842.90.
Algoma Steel Group Stock Down 2.1 %
Shares of Algoma Steel Group stock opened at C$13.26 on Friday. Algoma Steel Group Inc. has a 12-month low of C$8.71 and a 12-month high of C$14.48. The firm has a market capitalization of C$1.38 billion, a PE ratio of -60.27 and a beta of 1.51. The company has a quick ratio of 1.51, a current ratio of 4.19 and a debt-to-equity ratio of 40.70. The stock’s fifty day moving average is C$12.99 and its 200-day moving average is C$11.37.
Algoma Steel Group Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 27th will be issued a dividend of $0.05 per share. The ex-dividend date is Friday, August 23rd. This represents a $0.20 annualized dividend and a yield of 1.51%. Algoma Steel Group’s payout ratio is presently -122.73%.
Wall Street Analysts Forecast Growth
View Our Latest Report on ASTL
About Algoma Steel Group
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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