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Closing Bell: Cae Inc down on Wednesday (CAE)

Automated Summaries - The Globe and Mail - Wed Aug 7, 4:01PM CDT

Today in trading, Cae Inc shares closed at $22.78 after opening the day at $23.14. It traded at a low of $22.58 to a high of $23.29.

Share prices decreased -0.74% from the previous day's close of $22.95.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

Cae Inc traded under CAE on the Toronto Stock Exchange (TSX).

Trading volume was 496,645 on 3,274 total trades, while having an average volume of 582,855 in the last five days.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 unchanged.

During the prior 52 weeks, CAE.TO has traded as high as $33.87 (September 15,2023) and low as $22.41 (August 06,2024). Moreover, in the last 52 weeks, Cae Inc's shares have dipped -23.56 percent, while in 2024, they have decreased -20.35%.

It announced a 0.11 dividend on February 07/20, with an March 12/20 ex-date and March 31/20 pay day.

Following today's trading, Cae Inc has a market capitalization of $7.31 billion on a float of 318,644 shares outstanding. Its annual EPS is $-0.95.

Cae Inc is a TSX Aerospace & Defense company headquartered in SaintLaurent, CAN.

Cae Inc's average recommendation is "Moderate Buy" based on 13.00 analysts according to Zacks. From those 13 analysts, 7 have buy ratings, 1 have sell ratings and 5 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..