Closing Bell: Algoma Central down on Wednesday (ALC)

Today in trading, Algoma Central opened at $15.15 and closed at $14.71. Intraday prices ranged from $14.71 to $15.20.

The price dipped -2.58% from the previous day's close of $15.10.

Today across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

Algoma Central traded under ALC on the Toronto Stock Exchange (TSX).

Trading volume was 9,191 on 52 total trades, with an average volume of 9,396 in the last five days.

The TSX overall saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, ALC.TO has traded as high as $15.75 (August 10,2023) and low as $14.07 (July 10,2024). Moreover, the shares have eased -3.54 percent in the last year, while in 2024, they have reduced -1.61%.

It announced a 0.19 dividend on May 01/24, with an May 16/24 ex-date and June 03/24 pay day.

Following today's trading, Algoma Central has a market capitalization of $596.80 million on a float of 39,523 shares outstanding. Its annual EPS is $2.07.

Algoma Central is a TSX Shipping & Ports company headquartered in St. Catharines, CAN.

Currently, Algoma Central has an average recommendation of "Moderate Buy" based on 1.00 analysts according to Zacks. Currently, there are 1 buy ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..