Steel Connect Inc. Stock News

Steel Connect has a large amount of tax assets on its balance sheet. These are valuable to Steel Connect or to its major shareholder Steel Partners.

Once again, I drew the short (no pun intended) end of the stick and must discuss stocks to sell right now. Understandably a sensitive topic and one that arouses myriad emotions, I'm just going to stic

Steel Connect Inc (STCN) shares closed today 10.7% higher than it did at the end of yesterday. The stock is currently up 66.5% year-to-date, up 66.9% over the past 12 months, and down 8.7% over the past five years. Today, the Dow Jones Industrial Average fell 0.2%, and the S&P 500 fell 0.3%. Trading Activity Shares traded as high as $1.61 and as low as $1.31 this week.Shares closed 50.0% below its 52-week high and 91.4% above its 52-week low.Trading volume this week was 62.9% higher than the 10-day average and 61.0% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.5. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price beats the S&P 500 Index today, beats it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, beats it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Industrials industry sector today, beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 10754.3% The company's stock price performance over the past 12 months beats the peer average by -19552.2% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

The strategic alternatives process is likely nearing conclusion, with potential tender offer for 100% of Steel Connect. Sale of Steel Connect's businesses (IWCO Direct and ModusLink) and monetization

The value of Steel Connect's ongoing businesses and substantial NOLs outstanding was detailed in February and March 2021 by Hillandale Advisors. The undefined takeover offer from Steel Partners contin

SMYRNA, Tenn.--(BUSINESS WIRE)--Steel Connect, Inc. (the "Company") (NASDAQ: STCN) today announced financial results for its third quarter ended April 30, 2021. “As we emerge from the pandemic, we r

Investment bank Houlihan Lokey is in its 11th week advising STCN's Special Committee on Steel Partners' offer to buy 100% of STCN.

SMYRNA, Tenn.--(BUSINESS WIRE)--Steel Connect, Inc. (the "Company") (NASDAQ: STCN) today announced financial results for its second quarter ended January 31, 2021.     Three Months Ended January 31,

Steel Connect is a $120mm market cap special situation, with activist investors awaiting the company's strategic review. STCN has $2.00-3.00 per share of hidden value in the company's $2.1 billion of

NEW YORK--(BUSINESS WIRE)--Steel Connect Inc. (NASDAQ: STCN) ("Steel Connect" or the "Company") today released a letter from Executive Chairman Warren Lichtenstein on the passing of Tommy Lasorda. Jan

SMYRNA, Tenn.--(BUSINESS WIRE)--Steel Connect, Inc. (the “Company”) (Nasdaq: STCN), today announced that its Board of Directors (the “Board”) amended its tax benefits preservation plan, dated

SMYRNA, Tenn.--(BUSINESS WIRE)--Steel Connect, Inc. (the "Company") (NASDAQ: STCN) today announced financial results for its first quarter ended October 31, 2020.     Three Months Ended October 31,

Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and succes

WALTHAM, Mass.--(BUSINESS WIRE)--Steel Connect, Inc. (the "Company") (NASDAQ: STCN) today announced the appointment of Renata Simril to the Company's Board of Directors effective October 23, 2020. “