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Closing Bell: Algoma Central down on Friday (ALC)

Automated Summaries - The Globe and Mail - Mon Aug 5, 4:01PM CDT

In trading today, shares of Algoma Central opened at $14.70 and closed at $14.26. prices ranged from a low of $14.10 to a high of $14.72.

Share prices dipped -3.78 percent from the previous day's close of $14.82.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

Trading volume was 35,375 on 150 total trades, while having an average volume of 15,548 over 5 days.

Trading across the entire TSX saw 432 price advancers against 4,843 declines and 43 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 slid -8.00 percent in the last 12 months, while they have decreased -4.62% this year.

It announced a 0.19 dividend on August 02/24, with an August 20/24 ex-date and September 03/24 pay day.

Following today's trading, Algoma Central has a market capitalization of $563.60 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..