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

Stelco Holdings Inc. (OTCMKTS:STZHFGet Free Report)’s stock price traded up 1.1% during mid-day trading on Wednesday . The company traded as high as $49.41 and last traded at $49.41. 24,700 shares were traded during mid-day 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 company has a fifty day moving average price of $49.36 and a two-hundred day moving average price of $45.69.

About Stelco

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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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