Closing Bell: Telesat Corp down on Tuesday (TSAT)

Today, Telesat Corp shares closed at $10.62 after opening the day at $10.40. It traded at a low of $10.31 to a high of $10.62.

Share prices eased -3.45 percent from the previous day's close of $11.00.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

Telesat Corp traded under TSAT on the Toronto Stock Exchange (TSX).

Trading volume was 1,900 on 19 total trades, with an average volume of 1,336 over 5 days.

The TSX overall saw 3,772 price advancers against 1,443 declines and 86 unchanged.

During the prior 52 weeks, TSAT.TO has traded as high as $30.76 (August 24,2023) and low as $9.69 (May 02,2024). Moreover, in the last 52 weeks, Telesat Corp's shares have dipped -12.59%, while they have shrunken -23.15% year-to-date.

Following today's trading, Telesat Corp has a market capitalization of $151.29 million on a float of 13,754 shares outstanding. Its annual EPS is $9.61.

Telesat Corp is a TSX Communication Equipment company headquartered in Ottawa, CAN.

Telesat Corp is holding an average recommendation of "Strong Sell" from 0.00 analysts according to Zacks. Currently, there are for the stock.

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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..