BlueScope Steel (OTCMKTS:BLSFY) Trading Up 3.5% – Still a Buy?

Shares of BlueScope Steel Limited (OTCMKTS:BLSFYGet Free Report) shot up 3.5% during mid-day trading on Monday . The company traded as high as $59.75 and last traded at $59.75. 539 shares traded hands during mid-day trading, a decline of 47% from the average session volume of 1,013 shares. The stock had previously closed at $57.74.

BlueScope Steel Price Performance

The company’s 50 day simple moving average is $65.47 and its 200 day simple moving average is $68.22.

About BlueScope Steel

(Get Free Report)

BlueScope Steel Limited produces and sells metal coated and painted steel building products in Australia, New Zealand, Asia, North America, and internationally. The company operates through five segments: Australian Steel Products, North Star BlueScope Steel, Coated Products Asia, Buildings and Coated Products North America, and New Zealand & Pacific Islands.

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