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 changing hands.
Algoma Central Stock Up 0.8 %
The company has a market capitalization of C$615.85 million, a P/E ratio of 9.13 and a beta of 0.72. The company has a current ratio of 0.65, a quick ratio of 2.06 and a debt-to-equity ratio of 56.47. The stock has a 50 day moving average price of C$14.67 and a 200 day moving average price of C$14.51.
Algoma Central (TSE:ALC – Get Free Report) last announced its earnings results on Friday, August 2nd. The company reported C$0.44 earnings per share (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 for the quarter, compared to the consensus estimate of C$215.80 million. Algoma Central had a return on equity of 9.14% and a net margin of 9.98%. On average, research analysts anticipate that Algoma Central Co. will post 1.898977 earnings per share for the current fiscal year.
Algoma Central Announces Dividend
Algoma Central Company Profile
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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