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Closing Bell: Premium Brands Holdings Corp down on Friday (PBH)

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

Today during trading, shares of Premium Brands Holdings Corp opened at $91.00 and closed at $89.30. Intraday prices ranged from $89.00 to $91.00.

Shares slid -2.93 percent from the previous day's close of $92.00.

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.

Premium Brands Holdings Corp traded under PBH on the Toronto Stock Exchange (TSX).

A total of 44,326 shares was traded during the session, with total trades of 356, while having an average volume of 36,412 over 5 days.

The TSX market on the whole today saw 741 price advancers against 4,512 declines and 69 unchanged.

During the prior 52 weeks, PBH.TO has traded as high as $113.60 (August 11,2023) and low as $84.66 (March 15,2024). Moreover, in the last 52 weeks, Premium Brands Holdings Corp's shares have dipped -16.16 percent, while this year, they have eased -5.03%.

It announced a 0.85 dividend on May 13/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, Premium Brands Holdings Corp has a market capitalization of $4.09 billion on a float of 44,412 shares outstanding. Its annual EPS is $2.12.

Premium Brands Holdings Corp is a TSX Packaged Foods company headquartered in Richmond, CAN.

Premium Brands Holdings Corp's average recommendation is "Moderate Buy" based on 9.00 analysts according to Zacks. Currently, there are 6 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..