Algoma Central Co. (TSE:ALC - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$14.64 and traded as low as C$14.62. Algoma Central shares last traded at C$14.62, with a volume of 7,400 shares traded.
Algoma Central Trading Down 1.4 %
The company has a market cap of C$585.02 million, a P/E ratio of 8.69 and a beta of 0.72. The business's 50-day moving average price is C$14.86 and its 200 day moving average price is C$14.64. The company has a debt-to-equity ratio of 56.47, a quick ratio of 2.06 and a current ratio of 0.65.
Algoma Central Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, December 2nd were given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 5.27%. 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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