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Closing Bell: Cascades Inc down on Monday (CAS)

Automated Summaries - The Globe and Mail - Mon Jul 29, 4:02PM CDT

In market activity today, Cascades Inc stock opened at $9.77 and closed at $9.73. It traded at a low of $9.56 to a high of $9.77.

Shares eased -0.51% from the previous day's close of $9.78.

Today across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

Cascades Inc traded under CAS on the Toronto Stock Exchange (TSX).

Trading volume was 414,912 on 1,425 total trades. On average, Cascades Inc has traded 222,794 shares over 5 days and 230,418 year-to-date.

Trading across the entire TSX saw 1,903 price advancers against 3,356 declines and 91 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 52 weeks, Cascades Inc's shares have dipped -19.65 percent, while this year, they have reduced -23.57%.

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 $984.92 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.

Cascades Inc is holding an average recommendation of "Hold" from 6.00 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..