Algoma Central Co. (TSE:ALC – Get Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$14.66 and traded as high as C$15.35. Algoma Central shares last traded at C$15.20, with a volume of 4,910 shares traded.
Algoma Central Trading Down 1.2 %
The company has a market cap of C$616.66 million, a PE ratio of 9.16 and a beta of 0.72. The company has a debt-to-equity ratio of 56.47, a current ratio of 0.65 and a quick ratio of 2.06. The company has a 50-day moving average of C$14.66 and a 200 day moving average of C$14.50.
Algoma Central (TSE:ALC – Get Free Report) last released its quarterly earnings results on Friday, August 2nd. The company reported C$0.44 EPS for the quarter, missing the consensus estimate of C$0.81 by C($0.37). The company had revenue of C$180.97 million during the quarter, compared to analysts’ expectations of C$215.80 million. Algoma Central had a return on equity of 9.14% and a net margin of 9.98%. Analysts predict that Algoma Central Co. will post 1.898977 earnings per share for the current year.
Algoma Central Dividend Announcement
About Algoma Central
Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers activities in Canada. The company operates through Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, and Investment Properties segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, cement and building materials, and salt producers as well as, agricultural product distributors.
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