Algoma Central (OTCMKTS:AGMJF) Stock Price Up 0.5% – Still a Buy?

Algoma Central Co. (OTCMKTS:AGMJFGet Free Report) shares shot up 0.5% during trading on Wednesday . The stock traded as high as $10.72 and last traded at $10.72. 200 shares traded hands during mid-day trading, a decline of 31% from the average session volume of 290 shares. The stock had previously closed at $10.67.

Algoma Central Stock Performance

The stock has a fifty day simple moving average of $10.36 and a 200-day simple moving average of $10.58.

About Algoma Central

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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, Global Short Sea Shipping, and Investment Properties segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, cement and building materials, and salt producers as well as, agricultural product distributors.

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