Shares of Algoma Central Co. (OTCMKTS:AGMJF – Get Free Report) rose 0.4% during trading on Friday. The company traded as high as $20.45 and last traded at $20.39. 1,565 shares traded hands during mid-day trading, an increase of 193% from the average daily volume of 534 shares. The stock had previously closed at $20.31.
Algoma Central Trading Up 0.4%
The company has a fifty day moving average price of $16.82 and a 200 day moving average price of $16.29.
About Algoma Central
Algoma Central Corporation is a Canadian marine transportation company headquartered in St. Catharines, Ontario. Through its operating businesses and joint ventures, the company transports dry and liquid bulk commodities by ship for industrial, construction, agricultural and energy customers.
Algoma’s domestic fleet serves the Great Lakes and St. Lawrence Seaway, moving cargoes such as grain, iron ore, salt, limestone, gypsum, coal and other bulk materials. Its services include self-unloading and conventional bulk shipping, as well as tanker transportation for petroleum products and other liquid cargoes.
The company also participates in international marine transportation through businesses and partnerships focused on cement carriers, short-sea shipping, ocean self-unloaders and product tankers.
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