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Closing Bell: Cascades Inc up on Thursday (CAS)

Automated Summaries - The Globe and Mail - Thu Jul 25, 4:01PM CDT

In trading today, shares of Cascades Inc opened at $9.46 and closed at $9.51. Intraday prices ranged from a low of $9.45 to a high of $9.59.

Shares advanced 0.85 percent from the previous day's close of $9.43.

During the day across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

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

A total of 125,619 shares was traded during the session, with total trades of 842, while having an average volume of 150,416 in the last five days.

The TSX overall saw 3,490 price advancers against 1,736 declines and 92 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, in the last 12 months, Cascades Inc's shares have dipped -19.75 percent, while in 2024, they have plummeted -25.29%.

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 $949.67 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..