Algoma Steel Group (NASDAQ:ASTL - Get Free Report) is expected to be announcing its earnings results before the market opens on Tuesday, February 4th. Analysts expect the company to announce earnings of ($0.23) per share and revenue of $603.75 million for the quarter.
Algoma Steel Group Price Performance
Shares of Algoma Steel Group stock traded down $0.49 during midday trading on Friday, hitting $8.16. 432,416 shares of the company traded hands, compared to its average volume of 645,088. The firm's fifty day moving average price is $9.46 and its 200-day moving average price is $9.77. The stock has a market cap of $855.55 million, a price-to-earnings ratio of -6.42 and a beta of 1.49. Algoma Steel Group has a 12 month low of $6.67 and a 12 month high of $12.14. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.66 and a current ratio of 3.31.
Algoma Steel Group Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Wednesday, November 27th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 2.45%. The ex-dividend date was Wednesday, November 27th. Algoma Steel Group's dividend payout ratio (DPR) is -15.75%.
Algoma Steel Group Company Profile
(
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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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