Stelco (OTCMKTS:STZHF) Shares Up 1.1% – What’s Next?

Stelco Holdings Inc. (OTCMKTS:STZHFGet Free Report) shares shot up 1.1% during trading on Wednesday . The stock traded as high as $49.41 and last traded at $49.41. 24,700 shares changed hands 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 stock has a 50-day moving average of $49.41 and a 200 day moving average of $49.41.

Stelco Company Profile

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Stelco Holdings Inc (OTCMKTS: STZHF) is a Canadian steel producer headquartered in Hamilton, Ontario. The company operates an integrated steel mill complex that specializes in the manufacture of hot-rolled, cold-rolled and coated sheet, as well as heavy steel plate products. Stelco’s product lines serve a diverse set of end markets including automotive, energy, construction and heavy equipment, supplying both domestic and export customers.

Founded in 1910, Stelco became a standalone publicly traded company after emerging from creditor protection in 2007.

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