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Today's Research Reports on Algoma Central, Empire Industries, IBI Group and RediShred Capital

NEW YORK, NY / ACCESSWIRE / November 1, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us free at http://rdinvesting.com and get exclusive access to our numerous research reports and market updates.

RDI Initiates Coverage on:

Algoma Central Corporation
https://rdinvesting.com/news/?ticker=ALC.TO

Empire Industries Ltd.
https://rdinvesting.com/news/?ticker=EIL.V

IBI Group Inc.
https://rdinvesting.com/news/?ticker=IBG.TO

RediShred Capital Corp.
https://rdinvesting.com/news/?ticker=KUT.V

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Algoma Central’s stock moved 0.58% lower Wednesday, to close the day at $11.92. The stock recorded a trading volume of 18,480 shares, which was above its three months average volume of 4,587 shares. In the last year, Algoma Central's shares have traded in a range of 11.80 - 16.04. The share price has gained 1.02% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $12.71 is lower than its 200-day moving average of $14.26. Shares of the company are trading at a Price to Earnings ratio of 9.00. Shares of Algoma Central have fallen approximately 24.17 percent year-to-date.

Access RDI's Algoma Central Corporation Research Report at:
https://rdinvesting.com/news/?ticker=ALC.TO

On Wednesday, shares of Empire Industries recorded a trading volume of 58,835 shares, which was above the three months average volume of 48,971 shares. The stock ended the day 7.5% higher at $0.43. The share price has fallen 27.12% from its 52 week high with a 52 week trading range of 0.35 - 0.59. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $0.43 is lower than its 200-day moving average of $0.45. Shares of Empire Industries have fallen approximately 20.37 percent year-to-date.

Access RDI's Empire Industries Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=EIL.V

IBI Group’s stock moved 1.23% lower Wednesday, to close the day at $4.02. The stock recorded a trading volume of 2,200 shares, which was below its three months average volume of 24,466 shares. In the last year, IBI Group's shares have traded in a range of 4.02 - 9.00. The share price has fallen 0% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $4.49 is lower than its 200-day moving average of $6.16. Shares of the company are trading at a Price to Earnings ratio of 13.40. Shares of IBI Group have fallen approximately 50.67 percent year-to-date.

Access RDI's IBI Group Inc. Research Report at:
https://rdinvesting.com/news/?ticker=IBG.TO

On Wednesday, shares of RediShred Capital recorded a trading volume of 37,500 shares, which was above the three months average volume of 29,642 shares. The stock ended the day 12.73% higher at $0.62. The share price has fallen 17.33% from its 52 week high with a 52 week trading range of 0.50 - 0.75. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $0.65 is lower than its 200-day moving average of $0.65. Shares of the company are trading at a Price to Earnings ratio of 18.24. Shares of RediShred Capital have gained approximately 12.73 percent year-to-date.

Access RDI's RediShred Capital Corp. Research Report at:
https://rdinvesting.com/news/?ticker=KUT.V

Our Actionable Research on Algoma Central Corporation (TSX:ALC.TO), Empire Industries Ltd. (TSXV:EIL.V), IBI Group Inc. (TSX:IBG.TO) and RediShred Capital Corp. (TSXV:KUT.V) can be downloaded free of charge at Research Driven Investing.

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RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com