Bisalloy Steel Group (ASX:BIS) Shares Up 5.3%

Bisalloy Steel Group Limited (ASX:BIS)’s share price shot up 5.3% during trading on Monday . The company traded as high as A$0.99 ($0.70) and last traded at A$0.99 ($0.70). 168,100 shares traded hands during trading, an increase of ∞ from the average session volume of 0 shares. The stock had previously closed at A$0.94 ($0.67).

The company has a debt-to-equity ratio of 49.57, a current ratio of 1.52 and a quick ratio of 0.63. The company has a 50 day simple moving average of A$1.00. The company has a market capitalization of $44.08 million and a price-to-earnings ratio of 10.26.

Bisalloy Steel Group Company Profile (ASX:BIS)

Bisalloy Steel Group Limited processes and sells quenched and tempered, high-tensile, and abrasion resistant steel plates under the BISALLOY brand name. It offers wear, structural, and armor grade specialty steels, as well as protection steel products primarily for use in a range of industries, including defense, energy, manufacturing, mineral processing, mining, structural, and transport.

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