The stock of Algoma Steel Group Inc (NASDAQ: ASTL) has increased by 4.11 when compared to last closing price of 6.09. Despite this, the company has experienced a 19.40% gain in its stock price over the last five trading sessions. globenewswire.com reported 2025-06-04 that SAULT STE. MARIE, Ontario, June 04, 2025 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced the release of its 2024 Sustainability Report (the “Report”), covering a nine-month transition period from April 1 to December 31, 2024. The reporting period aligns with our 2024 financial reporting period, which now corresponds to a calendar year to reflect a consistent approach to our industry peer reporting.
Is It Worth Investing in Algoma Steel Group Inc (NASDAQ: ASTL) Right Now?
Moreover, the 36-month beta value for ASTL is 1.57. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 2 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for ASTL is 90.32M and currently, short sellers hold a 3.46% of that float. On June 12, 2025, ASTL’s average trading volume was 1.06M shares.
ASTL’s Market Performance
ASTL’s stock has seen a 19.40% increase for the week, with a 1.28% rise in the past month and a 8.93% gain in the past quarter. The volatility ratio for the week is 4.42%, and the volatility levels for the past 30 days are at 3.72% for Algoma Steel Group Inc The simple moving average for the past 20 days is 13.95% for ASTL’s stock, with a -22.73% simple moving average for the past 200 days.
ASTL Trading at 19.22% from the 50-Day Moving Average
After a stumble in the market that brought ASTL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -47.78% of loss for the given period.
#####
#####
Insider Trading
Reports are indicating that there were more than several insider trading activities at ASTL starting from Sgro David, who proposed sale 200,000 shares at the price of $10.21 back on Sep 16 ’24. After this action, Sgro David now owns shares of Algoma Steel Group Inc, valued at $2,042,000 using the latest closing price.
Stock Fundamentals for ASTL
Current profitability levels for the company are sitting at:
- -0.15 for the present operating margin
- -0.09 for the gross margin
The net margin for Algoma Steel Group Inc stands at -0.08. The total capital return value is set at -0.14. Equity return is now at value -12.92, with -6.71 for asset returns.
Based on Algoma Steel Group Inc (ASTL), the company’s capital structure generated 0.31 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 0.45. The interest coverage ratio of the stock is -8.0.
Currently, EBITDA for the company is -186.0 million with net debt to EBITDA at -1.89. When we switch over and look at the enterprise to sales, we see a ratio of 0.57. The receivables turnover for the company is 8.86for trailing twelve months and the total asset turnover is 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.10.
Conclusion
To wrap up, the performance of Algoma Steel Group Inc (ASTL) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
