Algoma Central (OTCMKTS:AGMJF) Trading Down 7.1% – Here’s Why

Algoma Central Co. (OTCMKTS:AGMJFGet Free Report) was down 7.1% during trading on Tuesday . The company traded as low as $9.99 and last traded at $9.99. Approximately 5,000 shares were traded during mid-day trading, an increase of 175% from the average daily volume of 1,821 shares. The stock had previously closed at $10.75.

Algoma Central Stock Performance

The business’s 50-day simple moving average is $10.89 and its 200-day simple moving average is $10.67.

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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