Algoma Steel Group (NASDAQ:ASTLW) Shares Down 4.2% – What’s Next?

Algoma Steel Group Inc. (NASDAQ:ASTLWGet Free Report)’s stock price traded down 4.2% during mid-day trading on Tuesday . The company traded as low as $0.25 and last traded at $0.29. 49,035 shares were traded during trading, an increase of 77% from the average session volume of 27,778 shares. The stock had previously closed at $0.30.

Algoma Steel Group Stock Performance

The stock has a 50 day moving average of $0.45 and a 200-day moving average of $0.59.

Algoma Steel Group Company Profile

(Get Free Report)

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.

Further Reading

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.