Algoma Central Co. (TSE:ALC - Get Free Report) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$16.70 and traded as high as C$17.19. Algoma Central shares last traded at C$16.84, with a volume of 11,563 shares trading hands.
Algoma Central Trading Up 0.3%
The company's 50 day simple moving average is C$16.74 and its two-hundred day simple moving average is C$15.92. The company has a quick ratio of 2.06, a current ratio of 0.76 and a debt-to-equity ratio of 50.70. The company has a market capitalization of C$685.60 million, a price-to-earnings ratio of 6.71 and a beta of 0.25.
Algoma Central Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Tuesday, September 2nd were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Tuesday, August 19th. Algoma Central's payout ratio is presently 30.95%.
About Algoma Central
(
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Algoma Central Corp owns and operates the fleet of dry and liquid bulk carriers operating on the Great Lakes, St. Lawrence Waterway. The company's Canadian flag fleet consists of self-unloading dry-bulk carriers, gearless dry-bulk carriers and product tankers. The company operates its business through six segments that are Domestic Dry-Bulk, Product Tankers, Ocean SelfUnloaders, Corporate, Investment Properties, and Global Short Sea Shipping.
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