Algoma Central (TSE:ALC) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

Posted by ABMN Staff on Jun 16th, 2026

Algoma Central Co. (TSE:ALC – Get Free Report)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$21.91 and traded as high as C$22.56. Algoma Central shares last traded at C$22.45, with a volume of 6,073 shares traded.

Algoma Central Stock Performance

The firm’s 50-day moving average price is C$21.91 and its two-hundred day moving average price is C$20.81. The firm has a market capitalization of C$910.75 million, a PE ratio of 5.41 and a beta of 0.96. The company has a quick ratio of 2.06, a current ratio of 0.48 and a debt-to-equity ratio of 61.22.

Algoma Central (TSE:ALC – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported C$0.05 EPS for the quarter. Algoma Central had a net margin of 21.56% and a return on equity of 17.62%. The firm had revenue of C$127.78 million for the quarter. As a group, research analysts predict that Algoma Central Co. will post 1.898977 earnings per share for the current fiscal year.

Algoma Central Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders 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 yield of 3.7%. Algoma Central’s dividend payout ratio is currently 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 ¿.