Algoma Central Co. (TSE:ALC - Get Free Report)'s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$14.62 and traded as low as C$14.52. Algoma Central shares last traded at C$14.80, with a volume of 2,211 shares traded.
Algoma Central Stock Performance
The firm has a market capitalization of C$587.05 million, a PE ratio of 8.72 and a beta of 0.72. The company has a quick ratio of 2.06, a current ratio of 0.65 and a debt-to-equity ratio of 56.47. The company has a 50-day moving average of C$14.92 and a 200 day moving average of C$14.62.
Algoma Central Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, December 2nd were paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.25%. The ex-dividend date was Monday, November 18th. Algoma Central's dividend payout ratio (DPR) is presently 45.78%.
About Algoma Central
(
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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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