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Closing Bell: Cargojet Inc down on Tuesday (CJT)

Automated Summaries - The Globe and Mail - Tue Jul 23, 4:02PM CDT

In trading today, shares of Cargojet Inc opened at $133.62 and closed at $129.57. prices ranged from $129.44 to $133.62.

Shares dipped -2.73 percent from the previous day's close of $133.21.

Today across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

Cargojet Inc traded under CJT on the Toronto Stock Exchange (TSX).

Trading volume was 33,088 on 295 total trades. On average, Cargojet Inc has traded 41,891 shares over 5 days and 54,211 year-to-date.

Trading across the entire TSX saw 3,093 price advancers against 2,137 declines and 96 unchanged.

During the prior 52 weeks, CJT.TO has traded as high as $143.64 (June 28,2024) and low as $76.50 (October 27,2023). Moreover, in the last 52 weeks, Cargojet Inc's shares have soared 35.85%, while in 2024, they have advanced 8.73%.

It announced a 0.31 dividend on May 15/24, with an June 20/24 ex-date and July 05/24 pay day.

Following today's trading, Cargojet Inc has a market capitalization of $2.19 billion on a float of 16,467 shares outstanding. Its annual EPS is $2.34.

Cargojet Inc is a TSX Integrated Shipping & Logis company headquartered in Mississauga, CAN.

Based on 11.00 analysts, Cargojet Inc gets an average recommendation of "Moderate Buy" according to Zacks. From those 11 analysts, 8 have buy ratings and 3 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..