|Bid||70.41 x 800|
|Ask||70.47 x 900|
|Day's Range||70.13 - 72.66|
|52 Week Range||50.54 - 100.37|
|Beta (5Y Monthly)||1.39|
|PE Ratio (TTM)||3.14|
|Earnings Date||Oct 17, 2022 - Oct 21, 2022|
|Forward Dividend & Yield||1.36 (1.94%)|
|Ex-Dividend Date||Sep 29, 2022|
|1y Target Est||86.57|
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Shares of Canadian steelmaker Algoma Steel Group (NASDAQ: ASTL) plunged today after the company put some numbers onto several previously disclosed operational problems. Algoma has had several operational issues in recent months, and now it has given investors guidance that adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) is expected to be in a range of just 75 million to 80 million Canadian dollars. Other North American steelmakers, including Nucor, U.S. Steel, and Steel Dynamics have recently warned that results from the current quarter will be negatively impacted from lower steel pricing.
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