Stelco (OTCMKTS:STZHF) Trading 1.1% Higher – Still a Buy?

Stelco Holdings Inc. (OTCMKTS:STZHFGet Free Report)’s stock price shot up 1.1% during mid-day trading on Monday . The stock traded as high as $49.41 and last traded at $49.41. 24,700 shares were traded during trading, an increase of 255% from the average session volume of 6,953 shares. The stock had previously closed at $48.88.

Stelco Trading Up 1.1 %

The business’s fifty day simple moving average is $48.91 and its two-hundred day simple moving average is $41.54.

Stelco Company Profile

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Stelco Holdings Inc engages in the production and sale of steel products in Canada, the United States, and internationally. It offers flat-rolled value-added steel, including coated, pre-painted, cold-rolled, and hot-rolled sheet products, as well as pig iron and metallurgical coke. The company sells its products to customers in the construction, automotive, energy, appliance, and pipe and tube industries, as well as steel service centers.

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