Closing Bell: Cascades Inc down on Wednesday (CAS)

Today in trading, shares of Cascades Inc opened at $9.64 and closed at $9.43. prices ranged from a low of $9.43 to a high of $9.68.

The price decreased -2.68 percent from the previous day's close of $9.69.

During the day across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

Cascades Inc has listed on the Toronto Stock Exchange (TSX) under the ticker CAS.

Trading volume was 145,680 on 931 total trades, with an average volume of 183,898 over 5 days.

Trading across the entire TSX saw 1,249 price advancers against 3,959 declines and 110 unchanged.

During the prior 52 weeks, CAS.TO has traded as high as $15.00 (January 26,2024) and low as $8.83 (June 21,2024). Moreover, in the last 12 months, Cascades Inc's shares have plummeted -20.02%, while in 2024, they have dipped -25.92%.

It announced a 0.12 dividend on May 09/24, with an May 22/24 ex-date and June 06/24 pay day.

Following today's trading, Cascades Inc has a market capitalization of $975.85 million on a float of 100,707 shares outstanding. Its annual EPS is $-0.21.

Cascades Inc is a TSX Packaging & Containers company headquartered in Kingsey Falls, CAN.

Currently, Cascades Inc's consensus rating is "Hold" based on 6 analysts according to Zacks. From those 6 analysts, 1 have buy ratings and 5 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..