Closing Bell: Cogeco Communications Inc down on Friday (CCA)

Today during trading, shares of Cogeco Communications Inc opened at $62.03 and closed at $62.20. Intraday prices ranged from $61.70 to $62.52.

Share prices shrank -0.64% from the previous day's close of $62.60.

During the day across North America, the TSX Composite closed -0.16% at 22690.39, the S&P 500 closed -0.78% at 5544.59, the Dow Jones Industrial Average closed -1.29% at 40665.02 and the Nasdaq Composite closed -0.70% at 17871.22.

Cogeco Communications Inc has listed on the Toronto Stock Exchange (TSX) under the ticker CCA.

Trading volume was 51,608 on 485 total trades, with an average volume of 138,368 over the last 5 days.

Trading across the entire TSX saw 1,821 price advancers against 3,352 declines and 121 unchanged.

During the prior 52 weeks, CCA.TO has traded as high as $68.35 (July 24,2023) and low as $50.78 (November 14,2023). Moreover, in the last 52 weeks, Cogeco Communications Inc's shares have decreased -6.84 percent, while in 2024, they have raised 4.80%.

It announced a 0.85 dividend on July 11/24, with an July 25/24 ex-date and August 08/24 pay day.

Following today's trading, Cogeco Communications Inc has a market capitalization of $2.63 billion on a float of 42,222 shares outstanding. Its annual EPS is $7.84.

Cogeco Communications Inc is a TSX Telecom Services company headquartered in Montreal, CAN.

Cogeco Communications Inc is holding an average recommendation of "Hold" from 8.00 analysts according to Zacks. Currently, there are 1 buy ratings and 7 hold ratings for the stock.

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..