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Closing Bell: Cargojet Inc down on Friday (CJT)

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

Today, Cargojet Inc shares closed at $120.03 after opening the day at $125.00. Intraday prices ranged from a low of $119.17 to a high of $125.00.

The price eased -4.71 percent from the previous day's close of $125.96.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

Cargojet Inc has listed on the Toronto Stock Exchange (TSX) under the ticker CJT.

A total of 52,800 shares was traded during the last trading day, with total trades of 445. On average, Cargojet Inc has traded 42,642 shares over 5 days and 57,072 year-to-date.

The TSX overall saw 741 price advancers against 4,512 declines and 69 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 boosted 28.24% in the last 12 months, while in 2024, they have boosted 0.72%.

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.

Based on 11.00 analysts, Cargojet Inc gets an average recommendation of "Moderate Buy" 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..