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

Stelco Holdings Inc. (OTCMKTS:STZHF) shot up 1.1% on Friday . The stock traded as high as $49.41 and last traded at $49.41. 24,700 shares changed hands 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 firm has a fifty day simple moving average of $49.41 and a two-hundred day simple moving average of $49.41.

Stelco Company Profile

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.