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

Cogeco Communications Inc opened trading today at $63.31 and closed at $63.30. prices ranged from a low of $62.82 to a high of $63.50.

The price advanced 0.97 percent from the previous day's close of $62.69.

Today across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

Trading volume was 48,357 on 334 total trades, with an average volume of 69,747 in the last five days.

The TSX market on the whole today saw 3,418 price advancers against 1,773 declines and 138 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 -4.28% in the last 12 months, while they have advanced 6.66% year-to-date.

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's average recommendation is "Hold" based on 8.00 analysts according to Zacks. Currently, there are 1 buy ratings and 7 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..