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

Automated Summaries - The Globe and Mail - Mon Jul 29, 4:02PM CDT

In market activity today, Cogeco Communications Inc shares closed at $63.41 after opening the day at $63.02. prices ranged from a low of $62.36 to a high of $63.74.

The price boosted 0.76% from the previous day's close of $62.93.

During the day across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

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

Trading volume was 105,999 on 406 total trades, with an average volume of 72,771 in the last five days.

Trading across the entire TSX saw 1,903 price advancers against 3,356 declines and 91 unchanged.

During the prior 52 weeks, CCA.TO has traded as high as $67.15 (July 31,2023) and low as $50.78 (November 14,2023). Moreover, the shares have dipped -4.11 percent in 52 weeks, while they have boosted 6.84% since the start of 2024.

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 $2.64 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 has an average recommendation of "Hold" based on 8.00 analysts according to Zacks. From those 8 analysts, 1 have buy ratings and 7 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..