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Closing Bell: Algoma Central down on Friday (ALC)

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

Today in trading, Algoma Central stock opened at $14.70 and closed at $14.26. Intraday prices ranged from a low of $14.10 to a high of $14.72.

Share prices decreased -3.78% from the previous day's close of $14.82.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

A total of 35,375 shares was traded during the last trading day, with total trades of 150, while having an average volume of 15,548 in the last five days.

The TSX market on the whole today saw 741 price advancers against 4,512 declines and 69 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 dipped -8.00% in the last year, while they have eased -4.62% year-to-date.

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 $585.73 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. 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..