Is Algoma Steel Group Inc. stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Algoma Steel Group Inc. pays dividends. Last time was Friday 27th of September 2024 where the investors holding the stock on Friday 23rd of August 2024 were paid $0.06758583 per share. Over the last 7 times between 2023 and 2024, Algoma Steel Group Inc. has paid $0.45597689 with an average of $0.07 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Algoma Steel Group Inc. 10 years ago, but if you had invested on Wednesday 20th of October 2021 when the price was $14.45, you would have made a loss of $-0.510 per share or -3.53%
No, the average daily trading liquidity for Algoma Steel Group Inc. is $66 132 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Algoma Steel Group Inc. 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. With a high cash flow to debt ratio of 1.90, the company's ability to pay off the debt is good. The company has a very low net profit margin of 3.76%, which is challenging.
We have calculated the inflation risk for Algoma Steel Group Inc. to be low [0.2 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.