ALC Crosses Below Key Moving Average Level

In trading on Tuesday, shares of Algoma Central Corp. (TSX: ALC.TO) crossed below their 200 day moving average of $15.79, changing hands as low as $15.75 per share. Algoma Central Corp. shares are currently trading off about 0.9% on the day. The chart below shows the one year performance of ALC shares, versus its 200 day moving average:

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Algoma Central Corp. 200 Day Moving Average Chart

Looking at the chart above, ALC's low point in its 52 week range is $13.70 per share, with $17.18 as the 52 week high point — that compares with a last trade of $15.75.

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