Stelco (OTCMKTS:STZHF) Stock Price Up 1.1% – Still a Buy?

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

Stelco Stock Up 1.1 %

The company has a 50 day moving average price of $48.83 and a 200-day moving average price of $41.25.

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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