Algoma Central (TSE:ALC) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Posted by Linda Flegge on Jul 21st, 2026

Algoma Central Co. (TSE:ALC – Get Free Report)’s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$22.39 and traded as high as C$23.82. Algoma Central shares last traded at C$23.51, with a volume of 13,298 shares traded.

Algoma Central Stock Down 1.1%

The company has a market capitalization of C$953.75 million, a price-to-earnings ratio of 5.67 and a beta of 0.96. The company has a debt-to-equity ratio of 61.22, a quick ratio of 2.06 and a current ratio of 0.48. The business’s 50 day moving average is C$22.39 and its 200 day moving average is C$21.46.

Algoma Central (TSE:ALC – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported C$0.05 earnings per share (EPS) for the quarter. Algoma Central had a net margin of 21.56% and a return on equity of 17.62%. The business had revenue of C$127.78 million for the quarter. Sell-side analysts anticipate that Algoma Central Co. will post 1.898977 earnings per share for the current year.

Algoma Central Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, June 1st were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.6%. Algoma Central’s payout ratio is 19.52%.

About Algoma Central

(Get Free Report)

Algoma Central Corporation is a global provider of marine transportation, owning and operating dry and liquid bulk carriers that serve critical industries throughout the Great Lakes-St. Lawrence Region and internationally. Focused on delivering exceptional customer service, utilizing fuel efficient vessels, and advancing innovative technologies, Algoma drives productivity while contributing to economic growth, strengthening communities, and supporting its people. Algoma truly is Your Marine Carrier of Choice ¿.