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Closing Bell: Algoma Central up on Wednesday (ALC)

Automated Summaries - The Globe and Mail - Wed Aug 7, 4:01PM CDT

Today during trading, Algoma Central shares closed at $14.28 after opening the day at $14.25. It traded at a low of $14.20 to a high of $14.38.

The price advanced 0.35 percent from the previous day's close of $14.23.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

A total of 5,391 shares was traded during the last trading day, with total trades of 42, with an average volume of 16,685 in the last five days.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 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 -7.87 percent in the last 12 months, while they have dipped -4.48% since the start of 2024.

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 $577.28 million on a float of 40,568 shares outstanding. Its annual EPS is $1.66.

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

Algoma Central is holding an average recommendation of "Moderate Buy" from 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..