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Algoma Central (TSE:ALC) Stock Price Passes Above 50-Day Moving Average - Should You Sell?

Written by MarketBeat
September 12, 2025
Algoma Central logo with Industrials background

Key Points

  • Algoma Central's stock price has surpassed its fifty-day moving average, reaching C$17.19 before settling at C$16.84 during trading, with a volume of 11,563 shares.
  • The company recently announced a quarterly dividend of $0.20 per share, resulting in an annual yield of 4.8% and a payout ratio of 30.95%.
  • Algoma Central operates a diverse fleet of bulk carriers on the Great Lakes and St. Lawrence Waterway, with a market cap of C$683.17 million and a price-to-earnings ratio of 6.68.
  • Five stocks to consider instead of Algoma Central.

Algoma Central Co. (TSE:ALC - Get Free Report)'s share price 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 traded.

Algoma Central Price Performance

The stock has a 50-day moving average price of C$16.70 and a two-hundred day moving average price of C$15.88. The company has a current ratio of 0.76, a quick ratio of 2.06 and a debt-to-equity ratio of 50.70. The stock has a market cap of C$683.17 million, a price-to-earnings ratio of 6.68 and a beta of 0.25.

Algoma Central Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Tuesday, September 2nd were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.8%. The ex-dividend date was Tuesday, August 19th. Algoma Central's payout ratio is 30.95%.

About Algoma Central

(Get Free Report)

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.

Further Reading

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