Algoma Central Co. (TSE:ALC – Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as C$14.03 and last traded at C$14.27, with a volume of 11180 shares trading hands. The stock had previously closed at C$14.33.
Algoma Central Trading Up 0.6 %
The company has a current ratio of 0.65, a quick ratio of 2.06 and a debt-to-equity ratio of 56.47. The firm has a market cap of C$582.18 million, a P/E ratio of 8.64 and a beta of 0.72. The stock has a 50 day simple moving average of C$14.40 and a 200-day simple moving average of C$14.51.
Algoma Central (TSE:ALC – Get Free Report) last released its quarterly earnings results on Friday, August 2nd. The company reported C$0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.81 by C($0.37). Algoma Central had a net margin of 9.98% and a return on equity of 9.14%. The business had revenue of C$180.97 million for the quarter, compared to analysts’ expectations of C$215.80 million. On average, equities research analysts expect that Algoma Central Co. will post 1.8997326 EPS for the current fiscal year.
Algoma Central Announces Dividend
Algoma Central Company Profile
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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