Stelco (OTCMKTS:STZHF) Trading 1.1% Higher – Here’s Why

Stelco Holdings Inc. (OTCMKTS:STZHF) shares were up 1.1% during trading on Wednesday . 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 stock’s fifty day moving average price is $49.41 and its 200-day moving average price is $48.02.

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.