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Closing Bell: Cargojet Inc down on Wednesday (CJT)

Automated Summaries - The Globe and Mail - Wed Aug 7, 4:01PM CDT

In market activity today, Cargojet Inc shares closed at $115.65 after opening the day at $116.35. It traded at a low of $114.94 to a high of $117.37.

The price decreased -0.58 percent from the previous day's close of $116.33.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

Trading volume was 54,819 on 497 total trades, with an average volume of 47,720 over 5 days.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 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 12 months, Cargojet Inc's shares have raised 21.54%, while in 2024, they have dipped -2.95%.

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 $1.92 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..