Algoma Steel Group (TSE:ASTL – Free Report) had its price target reduced by Stifel Nicolaus from C$21.00 to C$15.25 in a report published on Friday,BayStreet.CA reports. Stifel Nicolaus currently has a buy rating on the stock.
Algoma Steel Group Price Performance
Shares of Algoma Steel Group stock opened at C$9.40 on Friday. The business’s fifty day moving average price is C$11.20 and its 200 day moving average price is C$13.18. Algoma Steel Group has a twelve month low of C$7.54 and a twelve month high of C$16.83. The company has a current ratio of 3.31, a quick ratio of 1.51 and a debt-to-equity ratio of 43.70. The stock has a market capitalization of C$976.38 million, a P/E ratio of -6.45 and a beta of 1.50.
About Algoma Steel Group
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