Closing Bell: Cargojet Inc up on Thursday (CJT)

Cargojet Inc opened trading today at $126.49 and closed at $128.51. It traded at a low of $126.49 to a high of $130.02.

The price advanced 2.25% from the previous day's close of $125.68.

During the day across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

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

A total of 40,184 shares was traded during the session, with total trades of 383, while having an average volume of 147,110 over 5 days.

The TSX market on the whole today saw 3,490 price advancers against 1,736 declines and 92 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, the shares have advanced 35.10% in the last year, while this year, they have boosted 7.84%.

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 $2.07 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.

Currently, Cargojet Inc's consensus rating is "Moderate Buy" based on 11 analysts according to Zacks. Currently, there are 8 buy ratings and 3 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..