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

Posted by Patrick Bannon on Jan 11th, 2026

Shares of Algoma Central Co. (TSE:ALC – Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$18.72 and traded as high as C$19.56. Algoma Central shares last traded at C$19.45, with a volume of 16,167 shares trading hands.

Algoma Central Price Performance

The stock has a market capitalization of C$789.05 million, a P/E ratio of 7.81 and a beta of 0.36. The firm has a fifty day moving average price of C$18.72 and a two-hundred day moving average price of C$17.50. The company has a quick ratio of 2.06, a current ratio of 0.76 and a debt-to-equity ratio of 50.70.

Algoma Central (TSE:ALC – Get Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The company reported C$0.97 earnings per share for the quarter. The company had revenue of C$228.04 million during the quarter. Algoma Central had a net margin of 10.59% and a return on equity of 9.26%. On average, analysts expect that Algoma Central Co. will post 1.898977 EPS for the current year.

Algoma Central Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, December 1st were given a $0.20 dividend. The ex-dividend date of this dividend was Monday, November 17th. This represents a $0.80 dividend on an annualized basis and a yield of 4.1%. Algoma Central’s payout ratio is 31.73%.

About Algoma Central

(Get Free Report)

Algoma Central Corp owns and operates the fleet of dry and liquid bulk carriers operating on the Great Lakes, St. Lawrence Waterway. The company’s Canadian flag fleet consists of self-unloading dry-bulk carriers, gearless dry-bulk carriers and product tankers. The company operates its business through six segments that are Domestic Dry-Bulk, Product Tankers, Ocean SelfUnloaders, Corporate, Investment Properties, and Global Short Sea Shipping. The company earns revenues from marine operations through contracts of affreightment, time charters, and pool revenue.