Algoma Central (AGMJF) Stock Price, News & Analysis

Company Overview

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. It also provides transportation services for liquid petroleum products throughout the Great Lakes, St. Lawrence Seaway, and Atlantic Canada regions. In addition, the company operates ocean self-unloading vessels; three global fleets, including fleet of specialized cement carriers, short sea mini bulkers, and hand-size bulkers; and provides specialized equipment or services on niche marine transportation markets. The company was formerly known as Algoma Central Railway and changed its name to Algoma Central Corporation in 1990. Algoma Central Corporation was incorporated in 1899 and is headquartered in Saint Catharines, Canada.

Key Stats

• Today's Range: $11.52 to $11.52
• 50-Day Range: $10.49 to $11.52
• 52-Week Range: $10.00 to $11.52
• Volume: 1,000 shs
• Average Volume: 1,848 shs
• Market Capitalization: N/A
• P/E Ratio: 11.29
• Dividend Yield: 2.43%
• Price Target: N/A
• Consensus Rating: N/A

Algoma Central Stock Analysis - MarketRank™

Algoma Central scored higher than 34% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Algoma Central.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Algoma Central is 11.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

Price to Earnings Ratio vs. Sector

The P/E ratio of Algoma Central is 11.29, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 507.60.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Algoma Central has a short interest ratio ("days to cover") of 26, which indicates bearish sentiment.

Change versus previous month

Short interest in Algoma Central has recently decreased by 33.33%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Algoma Central pays a meaningful dividend of 1.80%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Algoma Central does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Algoma Central is 27.45%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Algoma Central has a short interest ratio ("days to cover") of 26, which indicates bearish sentiment.

Change versus previous month

Short interest in Algoma Central has recently decreased by 33.33%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

Algoma Central has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.33 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Algoma Central this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Algoma Central insiders have not sold or bought any company stock.

Percentage Held by Institutions

69.25% of the stock of Algoma Central is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AGMJF Stock Analysis - Frequently Asked Questions

How have AGMJF shares performed this year?

Algoma Central's stock was trading at $10.77 on January 1st, 2024. Since then, AGMJF stock has increased by 7.0% and is now trading at $11.52.
View the best growth stocks for 2024 here.

How do I buy shares of Algoma Central?

Shares of AGMJF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Industrials
• Industry: Marine Shipping
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:AGMJF
• CUSIP: N/A
• CIK: N/A
• Web: www.algonet.com
• Phone: (905) 687-7888
• Fax: N/A
• Employees: 1,600
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 11.29
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A