Closing Bell: Versabank down on Thursday (VBNK)

Versabank opened trading today at $16.04 and closed at $15.50. It traded at a low of $15.50 to a high of $16.39.

Shares eased -4.26% from the previous day's close of $16.19.

Today across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

Versabank has listed on the Toronto Stock Exchange (TSX) under the ticker VBNK.

A total of 12,490 shares was traded during the session, with total trades of 87, while having an average volume of 9,221 in the last five days.

The TSX overall saw 3,490 price advancers against 1,736 declines and 92 unchanged.

During the prior 52 weeks, VBNK.TO has traded as high as $16.91 (July 18,2024) and low as $9.96 (October 26,2023). Moreover, in the last 52 weeks, Versabank's shares have advanced 34.55 percent, while they have advanced 6.60% this year.

It announced a 0.03 dividend on June 05/24, with an July 05/24 ex-date and July 31/24 pay day.

Following today's trading, Versabank has a market capitalization of $420.36 million on a float of 25,964 shares outstanding. Its annual EPS is $1.78.

Versabank is a TSX Banks company headquartered in London, CAN.

Versabank's average recommendation is "Moderate Buy" based on 1.00 analysts according to Zacks. Currently, there are 1 buy 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..