Is Angang Steel Company stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Angang Steel Company pays dividends. Last time was Tuesday 27th of June 2023 where the investors holding the stock on Thursday 1st of June 2023 were paid HKD0.0076 per share. Over the last 20 times between 2001 and 2023, Angang Steel Company has paid HKD3.658457 with an average of HKD0.18 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Angang Steel Company 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was HKD2.91, you would have made a loss of HKD-1.840 per share or -63.23%
Yes, the average daily trading liquidity for Angang Steel Company is HKD4.20 million. You should therefore be able to get in and out of your positions relatively fast.
Angang Steel Company has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Angang Steel Company to be medium [0.6 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.