With 2.52 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.64 million shares. During the session, the Steel company that operates in wider Basic Materials sector, reached to the highest price of $12.14 whereas the lowest price it dropped to was $10.84. The 52-week range on ASTL shows that it touched its highest point at $11.41 and its lowest point at $6.67 during that stretch. With its current market cap of 1.74 billion, ASTL has annualized dividend of $0.20 while the current yield stands at 1.67%. ASTL paid its most recent dividend on 1724371200, while the ex-dividend date for that was 1724371200. Beta for the stock currently stands at 1.50.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ASTL was up-trending over the past week, with a rise of 16.04%, but this was up by 20.22% over a month. Three-month performance surged to 32.56% while six-month performance rose 52.03%. The stock gained 68.44% in the past year, while it has gained 19.74% so far this year.
Float and Shares Shorts:
At present, 104.10 million ASTL shares are outstanding with a float of 93.30 million shares on hand for trading. On 2024-10-15, short shares totaled 4.1 million, which was 393.00002 higher than short shares on 1726185600. In addition to Mr. Michael Dennis Garcia as the firm’s CEO & Director, Mr. Rajat Marwah serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.68987 of ASTL’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, ASTL reported revenue of $650500000.0 and operating income of -$12500000.0. The EBITDA in the recently reported quarter was $31300000.0 and diluted EPS was -$0.07.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ASTL since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ASTL analysts setting a high price target of 19.0 and a low target of 15.0, the average target price over the next 12 months is 17.67. Based on these targets, ASTL could surge 58.2% to reach the target high and rise by 24.9% to reach the target low. Reaching the average price target will result in a growth of 47.13% from current levels.
Analysts have provided yearly estimates in a range of $0.69807 being high and $0.65388 being low. For ASTL, this leads to a yearly average estimate of $0.6727. The surprise factor in the prior quarter was -$0.04. Based on analyst estimates, the high estimate for the next quarter is -$0.02 and the low estimate is -$0.02. The average estimate for the next quarter is thus -$0.02.
