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

NEW YORK, NY / ACCESSWIRE / December 5, 2018 / The Market Edge 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://marketedgereport.com and get exclusive access to our numerous research reports and market updates.

The Market Edge Initiates Coverage on:

Algoma Central Corporation
https://marketedgereport.com/report/ALC.TO/

Empire Industries Ltd.
https://marketedgereport.com/report/EIL.V/

IBI Group Inc.
https://marketedgereport.com/report/IBG.TO/

RediShred Capital Corp.
https://marketedgereport.com/report/KUT.V/

Algoma Central's stock moved 1.15% lower Tuesday, to close the day at $12.00. The stock recorded a trading volume of 11,786 shares, which was above its three months average volume of 5,014 shares. In the last year, Algoma Central's shares have traded in a range of 11.71 - 16.04. The share price has gained 2.48% 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 $12.07 is lower than its 200-day moving average of $13.72. Shares of the company are trading at a Price to Earnings ratio of 12.08. Shares of Algoma Central have fallen approximately 25.19 percent year-to-date.

Access The Market Edge's Algoma Central Corporation Research Report:
https://marketedgereport.com/report/ALC.TO/

On Tuesday, shares of Empire Industries recorded a trading volume of 7,500 shares, which was below the three months average volume of 42,485 shares. The stock ended the day 1.27% lower at $0.39. The share price has fallen 33.9% 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 $0.40 is lower than its 200-day moving average of $0.44. Shares of Empire Industries have fallen approximately 27.78 percent year-to-date.

Access The Market Edge's Empire Industries Ltd. Research Report:
https://marketedgereport.com/report/EIL.V/

IBI Group's stock moved 1.79% higher Tuesday, to close the day at $4.55. The stock recorded a trading volume of 21,519 shares, which was above its three months average volume of 20,715 shares. In the last year, IBI Group's shares have traded in a range of 3.95 - 9.00. The share price has gained 15.19% 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 $4.34 is lower than its 200-day moving average of $5.53. Shares of the company are trading at a Price to Earnings ratio of 12.60. Shares of IBI Group have fallen approximately 44.17 percent year-to-date.

Access The Market Edge's IBI Group Inc. Research Report:
https://marketedgereport.com/report/IBG.TO/

On Tuesday, shares of RediShred Capital recorded a trading volume of 21,500 shares, which was below the three months average volume of 25,356 shares. The stock ended the day 1.49% lower at $0.66. The share price has fallen 12% 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 $0.64 is lower than its 200-day moving average of $0.66. Shares of the company are trading at a Price to Earnings ratio of 16.50. Shares of RediShred Capital have gained approximately 20 percent year-to-date.

Access The Market Edge's RediShred Capital Corp. Research Report:
https://marketedgereport.com/report/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 The Market Edge.

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

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SOURCE: MarketEdgeReport