D
Algoma Steel Group Inc.
ASTL.TO
TSX
D
Sell
11/8/2024Downgrade
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 11/8/2024 due to a decline in the growth index, efficiency index and solvency index. Net income declined 1,853.23% from $4.46M to -$78.16M, earnings per share declined from -$0.0522 to -$0.7203, and EBIT declined 740.75% from -$8.84M to -$74.34M.
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 11/8/2024 due to a decline in the growth index, efficiency index and solvency index. Net income declined 1,853.23% from $4.46M to -$78.16M, earnings per share declined from -$0.0522 to -$0.7203, and EBIT declined 740.75% from -$8.84M to -$74.34M.
C
Hold
9/3/2024Upgraded
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C- from D+ on 9/3/2024 due to an increase in the total return index and volatility index.
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C- from D+ on 9/3/2024 due to an increase in the total return index and volatility index.
D
Sell
8/19/2024Downgrade
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 8/19/2024 due to a decline in the solvency index, volatility index and total return index.
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 8/19/2024 due to a decline in the solvency index, volatility index and total return index.
C
Hold
8/15/2024Downgrade
Algoma Steel Group Inc. (ASTL.TO) was downgraded to C- from C on 8/15/2024 due to a substantial decline in the valuation index, growth index and efficiency index. EBIT declined 497.39% from $2.23M to -$8.84M, earnings per share declined from $0.0336 to -$0.0522, and operating cash flow declined 89.84% from $89.9M to $9.14M.
Algoma Steel Group Inc. (ASTL.TO) was downgraded to C- from C on 8/15/2024 due to a substantial decline in the valuation index, growth index and efficiency index. EBIT declined 497.39% from $2.23M to -$8.84M, earnings per share declined from $0.0336 to -$0.0522, and operating cash flow declined 89.84% from $89.9M to $9.14M.
C
Hold
6/24/2024Upgraded
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C from D+ on 6/24/2024 due to a substantial increase in the growth index, valuation index and efficiency index. Operating cash flow increased 358.02% from -$34.84M to $89.9M, net income increased 133.32% from -$62.33M to $20.77M, and earnings per share increased from -$0.5755 to $0.0336.
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C from D+ on 6/24/2024 due to a substantial increase in the growth index, valuation index and efficiency index. Operating cash flow increased 358.02% from -$34.84M to $89.9M, net income increased 133.32% from -$62.33M to $20.77M, and earnings per share increased from -$0.5755 to $0.0336.
D
Sell
5/14/2024Downgrade
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 5/14/2024 due to a decline in the volatility index and efficiency index.
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 5/14/2024 due to a decline in the volatility index and efficiency index.
C
Hold
4/25/2024Upgraded
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C- from D+ on 4/25/2024 due to a large increase in the solvency index, valuation index and dividend index.
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C- from D+ on 4/25/2024 due to a large increase in the solvency index, valuation index and dividend index.
D
Sell
3/28/2024Downgrade
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 3/28/2024 due to a large decline in the solvency index, valuation index and total return index.
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 3/28/2024 due to a large decline in the solvency index, valuation index and total return index.
C
Hold
3/13/2024Upgraded
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C- from D+ on 3/13/2024 due to an increase in the volatility index, valuation index and dividend index.
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C- from D+ on 3/13/2024 due to an increase in the volatility index, valuation index and dividend index.
D
Sell
2/7/2024Downgrade
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 2/7/2024 due to a large decline in the solvency index, valuation index and growth index. Earnings per share declined from $0.1761 to -$0.5755, EBIT declined 256.91% from $24.83M to -$38.96M, and operating cash flow declined 181.7% from $42.65M to -$34.84M.
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 2/7/2024 due to a large decline in the solvency index, valuation index and growth index. Earnings per share declined from $0.1761 to -$0.5755, EBIT declined 256.91% from $24.83M to -$38.96M, and operating cash flow declined 181.7% from $42.65M to -$34.84M.
C
Hold
1/26/2024Upgraded
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C- from D+ on 1/26/2024 due to an increase in the total return index, volatility index and valuation index.
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C- from D+ on 1/26/2024 due to an increase in the total return index, volatility index and valuation index.
D
Sell
1/11/2024Downgrade
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 1/11/2024 due to a decline in the volatility index, valuation index and dividend index.
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 1/11/2024 due to a decline in the volatility index, valuation index and dividend index.
C
Hold
12/26/2023Upgraded
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C- from D+ on 12/26/2023 due to an increase in the total return index and volatility index.
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C- from D+ on 12/26/2023 due to an increase in the total return index and volatility index.
D
Sell
11/6/2023Downgrade
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 11/6/2023 due to a significant decline in the valuation index, volatility index and efficiency index. Net income declined 76.2% from $97.44M to $23.19M.
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 11/6/2023 due to a significant decline in the valuation index, volatility index and efficiency index. Net income declined 76.2% from $97.44M to $23.19M.
C
Hold
5/15/2023Upgraded
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C- from D+ on 5/15/2023 due to an increase in the volatility index, valuation index and dividend index.
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C- from D+ on 5/15/2023 due to an increase in the volatility index, valuation index and dividend index.
D
Sell
4/28/2023Downgrade
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 4/28/2023 due to a decline in the volatility index.
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 4/28/2023 due to a decline in the volatility index.
C
Hold
4/13/2023Upgraded
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C- from D+ on 4/13/2023 due to an increase in the volatility index, total return index and valuation index.
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C- from D+ on 4/13/2023 due to an increase in the volatility index, total return index and valuation index.
D
Sell
3/6/2023Upgraded
Algoma Steel Group Inc. (ASTL.TO) was upgraded to D+ from D on 3/6/2023 due to an increase in the volatility index and total return index.
Algoma Steel Group Inc. (ASTL.TO) was upgraded to D+ from D on 3/6/2023 due to an increase in the volatility index and total return index.
D
Sell
2/17/2023Downgrade
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D from D+ on 2/17/2023 due to a significant decline in the growth index, solvency index and volatility index. EBIT declined 684.2% from $8.89M to -$51.94M, earnings per share declined from $0.2739 to -$0.4744, and operating cash flow declined 87.01% from -$50.66M to -$94.74M.
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D from D+ on 2/17/2023 due to a significant decline in the growth index, solvency index and volatility index. EBIT declined 684.2% from $8.89M to -$51.94M, earnings per share declined from $0.2739 to -$0.4744, and operating cash flow declined 87.01% from -$50.66M to -$94.74M.
D
Sell
10/24/2022Downgrade
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 10/24/2022 due to a noticeable decline in the solvency index, volatility index and total return index. The quick ratio declined from 2.44 to 1.37, and debt to equity increased from 0.06 to 0.07.
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 10/24/2022 due to a noticeable decline in the solvency index, volatility index and total return index. The quick ratio declined from 2.44 to 1.37, and debt to equity increased from 0.06 to 0.07.
C
Hold
7/5/2022Downgrade
Algoma Steel Group Inc. (ASTL.TO) was downgraded to C- from C on 7/5/2022 due to a decline in the volatility index and total return index.
Algoma Steel Group Inc. (ASTL.TO) was downgraded to C- from C on 7/5/2022 due to a decline in the volatility index and total return index.
C
Hold
6/17/2022Upgraded
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C from C- on 6/17/2022 due to a significant increase in the growth index, solvency index and volatility index. The quick ratio increased from 1.01 to 2.44, earnings per share increased from $0.7308 to $1.2103, and debt to equity declined from 0.11 to 0.06.
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C from C- on 6/17/2022 due to a significant increase in the growth index, solvency index and volatility index. The quick ratio increased from 1.01 to 2.44, earnings per share increased from $0.7308 to $1.2103, and debt to equity declined from 0.11 to 0.06.
C
Hold
3/21/2022Upgraded
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C- from D+ on 3/21/2022 due to an increase in the volatility index, solvency index and efficiency index. Debt to equity declined from 0.73 to 0.11.
Algoma Steel Group Inc. (ASTL.TO) was upgraded to C- from D+ on 3/21/2022 due to an increase in the volatility index, solvency index and efficiency index. Debt to equity declined from 0.73 to 0.11.
D
Sell
2/16/2022Downgrade
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 2/16/2022 due to a decline in the volatility index.
Algoma Steel Group Inc. (ASTL.TO) was downgraded to D+ from C- on 2/16/2022 due to a decline in the volatility index.
C
Hold
1/12/2022None
Algoma Steel Group Inc. (ASTL.TO) was downgraded to C- from U on 01/12/2022.
Algoma Steel Group Inc. (ASTL.TO) was downgraded to C- from U on 01/12/2022.
