Algoma Steel Group (NASDAQ:ASTL – Get Free Report) posted its quarterly earnings data on Saturday. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.08, Yahoo Finance reports. Algoma Steel Group had a return on equity of 6.97% and a net margin of 3.81%. The firm had revenue of $460.35 million during the quarter, compared to analysts’ expectations of $439.82 million. During the same period in the prior year, the business earned ($0.14) EPS.
Algoma Steel Group Price Performance
ASTL opened at $7.00 on Friday. The stock has a 50-day moving average price of $7.68 and a 200-day moving average price of $8.28. Algoma Steel Group has a 12-month low of $6.34 and a 12-month high of $10.25. The company has a current ratio of 2.88, a quick ratio of 0.98 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $728.84 million, a P/E ratio of 22.58 and a beta of 1.51.
Algoma Steel Group Company Profile
See Also
- Five stocks we like better than Algoma Steel Group
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- McDonald’s Stock: Balancing Value and Innovation
- 3 Small Caps With Big Return Potential
- MarketBeat Week in Review – 6/17 – 6/21
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Sarepta Therapeutics Stock Soars on FDA Approval
Receive News & Ratings for Algoma Steel Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Algoma Steel Group and related companies with MarketBeat.com's FREE daily email newsletter.