The stock of Algoma Central Corporation (TSE:ALC) is a huge mover today! About 14,270 shares traded hands or 102.18% up from the average. Algoma Central Corporation (TSE:ALC) has declined 8.88% since April 15, 2016 and is downtrending. It has underperformed by 12.74% the S&P500.
The move comes after 8 months negative chart setup for the $444.00 million company. It was reported on Nov, 21 by Barchart.com. We have $10.00 PT which if reached, will make TSE:ALC worth $48.84M less.
More important recent Algoma Central Corporation (TSE:ALC) news were published by: Reuters.com which released: “BRIEF-Algoma Central Corp announces sale of Ridley Square in St. Catharine…” on October 12, 2016, also Reuters.com published article titled: “BRIEF-Algoma Central Corp reports Q3 earnings per share C$0.61 from contin…”, Theglobeandmail.com published: “Algoma Central’s loss widens as road-salt demand falls” on May 10, 2016. More interesting news about Algoma Central Corporation (TSE:ALC) was released by: Theglobeandmail.com and their article: “Algoma Central: a journey into deep value territory” with publication date: April 18, 2012.
Algoma Central Corporation owns and operates the Canadian flag fleet of dry and liquid bulk carriers operating on the Great Lakes-St. The company has a market cap of $444.00 million. Lawrence Waterway. It has a 11.82 P/E ratio. The Firm operates through three divisions: Domestic Dry-Bulk, Product Tankers and Ocean Shipping.
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