Closing Bell: Versabank down on Thursday (VBNK)

Today during trading, shares of Versabank opened at $16.41 and closed at $16.14. Intraday prices ranged from $16.04 to $16.55.

Share prices dipped -3.06% from the previous day's close of $16.65.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

Versabank traded under VBNK on the Toronto Stock Exchange (TSX).

Trading volume was 7,726 on 47 total trades, with an average volume of 10,476 over the last 5 days.

Trading across the entire TSX saw 907 price advancers against 4,327 declines and 72 unchanged.

During the prior 52 weeks, VBNK.TO has traded as high as $16.92 (July 30,2024) and low as $9.96 (October 26,2023). Moreover, in the last 52 weeks, Versabank's shares have soared 42.45 percent, while this year, they have gained 11.00%.

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 $432.31 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.

Based on 1.00 analysts, Versabank gets an average recommendation of "Moderate Buy" 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..