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Algoma Central Corporation is currently in a long term uptrend where the price is trading 15.0% above its 200 day moving average.
From a valuation standpoint, the stock is 95.9% cheaper than other stocks from the Industrials sector with a price to sales ratio of 1.3.
Algoma Central Corporation's total revenue sank by 8.7% to $154M since the same quarter in the previous year.
Its net income has increased by 676.9% to $29M since the same quarter in the previous year.
Finally, its free cash flow fell by 10.8% to $52M since the same quarter in the previous year.
Based on the above factors, Algoma Central Corporation gets an overall score of 3/5.
Sector | Industrials |
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Industry | Marine Shipping |
Exchange | TO |
CurrencyCode | CAD |
ISIN | CA0156441077 |
Market Cap | 629M |
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Dividend Yield | 5.2% |
Beta | 0.38 |
PE Ratio | 6.72 |
Target Price | 19 |
Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers activities in Canada. The company operates through Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, and Global Short Sea Shipping segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, salt, and cement and building materials, as well as agricultural product distributors. It also provides transportation services for liquid petroleum products throughout the Great Lakes, St. Lawrence Seaway, and Atlantic Canada regions. In addition, the company operates ocean self-unloading vessels; three global fleets, including fleet of specialized cement carriers, short sea mini-bulkers, and handy-size bulk carriers; and provides specialized equipment or services on niche marine transportation markets. The company was formerly known as Algoma Central Railway and changed its name to Algoma Central Corporation in 1990. Algoma Central Corporation was incorporated in 1899 and is headquartered in Saint Catharines, Canada.
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