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Closing Bell: Cascades Inc up on Tuesday (CAS)

Automated Summaries - The Globe and Mail - Tue Jul 16, 4:01PM CDT

In market activity today, Cascades Inc shares closed at $9.12 after opening the day at $8.97. Intraday prices ranged from a low of $8.95 to a high of $9.15.

Share prices boosted 1.90 percent from the previous day's close of $8.95.

During the day across North America, the TSX Composite closed 0.34% at 22751.68, the S&P 500 closed 0.28% at 5631.22, the Dow Jones Industrial Average closed 0.53% at 40211.72 and the Nasdaq Composite closed 0.40% at 18472.57.

Cascades Inc traded under CAS on the Toronto Stock Exchange (TSX).

A total of 177,841 shares was traded during the session, with total trades of 902, while having an average volume of 131,325 over the last 5-days.

The TSX market on the whole today saw 4,226 price advancers against 1,023 declines and 82 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 -24.19% in the last 12 months, while they have shrunken -28.36% 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 $901.33 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..