Closing Bell: Cargojet Inc up on Wednesday (CJT)

Cargojet Inc opened trading today at $129.91 and closed at $130.43. prices ranged from $129.88 to $131.54.

The price advanced 0.87 percent from the previous day's close of $129.30.

During the day 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.

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

Trading volume was 28,730 on 284 total trades, while having an average volume of 42,278 over 5 days.

The TSX overall saw 3,418 price advancers against 1,773 declines and 138 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 boosted 35.61 percent, while in 2024, they have advanced 9.45%.

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 $2.13 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. 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..