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Closing Bell: Cascades Inc up on Thursday (CAS)

Automated Summaries - The Globe and Mail - Thu Jul 18, 4:01PM CDT

Cascades Inc opened trading today at $9.12 and closed at $9.31. It traded at a low of $9.12 to a high of $9.35.

Share prices raised 1.64% from the previous day's close of $9.16.

During the day across North America, the TSX Composite closed -0.54% at 22726.76, the S&P 500 closed -1.39% at 5588.27, the Dow Jones Industrial Average closed 0.59% at 41198.08 and the Nasdaq Composite closed -2.77% at 17996.92.

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

Trading volume was 293,029 on 1,200 total trades. On average, Cascades Inc has traded 174,381 shares in the last five days and 232,244 year-to-date.

Trading across the entire TSX saw 1,017 price advancers against 4,222 declines and 91 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 eased -22.09% in the last 12 months, while in 2024, they have shrunken -26.87%.

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 $922.48 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. Currently, there are 1 buy ratings and 5 hold ratings for the stock.

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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..