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

Automated Summaries - The Globe and Mail - Mon Jul 22, 4:02PM CDT

In today's trading, shares of Cogeco Communications Inc opened at $62.40 and closed at $61.08. Intraday prices ranged from a low of $61.08 to a high of $62.47.

Share prices reduced -1.80 percent from the previous day's close of $62.20.

Today across North America, the TSX Composite closed 0.80% at 22872.65, the S&P 500 closed -0.71% at 5505.00, the Dow Jones Industrial Average closed -0.93% at 40287.53 and the Nasdaq Composite closed -0.81% at 17726.94.

Cogeco Communications Inc traded under CCA on the Toronto Stock Exchange (TSX).

Trading volume was 57,083 on 472 total trades, while having an average volume of 117,821 over the last 5-days.

Trading across the entire TSX saw 3,734 price advancers against 1,480 declines and 101 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 -8.84%, while in 2024, they have boosted 2.91%.

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 $2.61 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.

Currently, Cogeco Communications Inc's consensus rating is "Hold" based on 8 analysts according to Zacks. From those 8 analysts, 1 have buy ratings and 7 analysts gave hold ratings.

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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..