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Closing Bell: Algoma Central up on Thursday (ALC)

Automated Summaries - The Globe and Mail - Thu Aug 1, 4:01PM CDT

In trading today, Algoma Central shares closed at $14.82 after opening the day at $14.99. It traded at a low of $14.81 to a high of $15.03.

Shares advanced 0.75 percent from the previous day's close of $14.71.

Today across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

Algoma Central has listed on the Toronto Stock Exchange (TSX) under the ticker ALC.

A total of 12,124 shares was traded during the session, with total trades of 43. On average, Algoma Central has traded 10,649 shares over 5 days and 12,458 year-to-date.

The TSX market on the whole today saw 907 price advancers against 4,327 declines and 72 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, in the last 12 months, Algoma Central's shares have eased -2.18%, while in 2024, they have decreased -0.87%.

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 $581.38 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.

Algoma Central's average recommendation is "Moderate Buy" based on 1.00 analysts according to Zacks. From those 1 analysts, 1 have buy ratings.

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..