ASTL Stock Summary and Trading Ideas (Algoma Steel Group - Common Shares | NASDAQ:ASTL)

Algoma Steel Group Inc is a fully integrated steel producer of hot and cold rolled steel products, including coiled sheet and plate, strategically located. The firm operates in a single segment of basic steel production including sheets, plates, slabs, and freights. The company's revenue is generated from contracts to produce, ship, and deliver steel products Geographically it serves Canada, the United States, and the rest of the world, whilst driving key revenue from domestic sales. The company generates the majority of its revenue from the sale of Steel sheets and strips.

Algoma Steel Group - Common Shares trades on the NASDAQ stock market under the symbol ASTL.

As of January 15, 2026, ASTL stock price declined to $4.61 with 584,445 million shares trading.

ASTL has a beta of 1.58, meaning it tends to be more sensitive to market movements. ASTL has a correlation of 0.18 to the broad based SPY ETF.

ASTL has a market cap of $483.74 million. This is considered a Small Cap stock.

Last quarter Algoma Steel Group - Common Shares reported $381 million in Revenue and $.17 earnings per share. This beat revenue expectation by $14 million and exceeded earnings estimates by $.87.

In the last 3 years, ASTL traded as high as $12.14 and as low as $3.02.

The top ETF exchange traded funds that ASTL belongs to (by Net Assets): IFRA, SMLF, DFAX, DFIC.

ASTL has underperformed the market in the last year with a return of -42.4%, while SPY returned +20.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ASTL shares. However, ASTL has outperformed the market in the last 3 month and 2 week periods, returning +14.4% and +12.4%, while SPY returned +4.8% and +1.4%, respectively. This indicates ASTL has been having a stronger performance recently.

ASTL support price is $4.53 and resistance is $4.85 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ASTL shares will trade within this expected range on the day.