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Closing Bell: Cascades Inc down on Monday (CAS)

Automated Summaries - The Globe and Mail - Mon Jul 15, 4:01PM CDT

Cascades Inc opened trading today at $8.96 and closed at $8.95. Intraday prices ranged from $8.93 to $9.06.

Shares dipped -0.11% from the previous day's close of $8.96.

Today across North America, the TSX Composite closed 0.57% at 22673.52, the S&P 500 closed 0.55% at 5615.35, the Dow Jones Industrial Average closed 0.62% at 40000.90 and the Nasdaq Composite closed 0.63% at 18398.45.

Cascades Inc has listed on the Toronto Stock Exchange (TSX) under the ticker CAS.

Trading volume was 115,322 on 821 total trades, while having an average volume of 121,710 over the last 5-days.

The TSX overall saw 3,258 price advancers against 1,978 declines and 100 unchanged.

During the prior 52 weeks, CAS.TO has traded as high as $15.00 (January 26,2024) and low as $8.83 (June 21,2024). Moreover, the shares have dipped -25.60% in the last 52 weeks, while they have reduced -29.69% since the start of 2024.

It announced a 0.12 dividend on May 09/24, with an May 22/24 ex-date and June 06/24 pay day.

Following today's trading, Cascades Inc has a market capitalization of $902.34 million on a float of 100,707 shares outstanding. Its annual EPS is $-0.21.

Cascades Inc is a TSX Packaging & Containers company headquartered in Kingsey Falls, CAN.

Based on 6.00 analysts, Cascades Inc gets an average recommendation of "Hold" according to Zacks. From those 6 analysts, 1 have buy 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..