Closing Bell: Cascades Inc down on Wednesday (CAS)

Cascades Inc opened trading today at $9.85 and closed at $9.73. Intraday prices ranged from a low of $9.66 to a high of $9.89.

Share prices decreased -0.82% from the previous day's close of $9.81.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

Trading volume was 203,372 on 1,110 total trades, while having an average volume of 231,745 over the last 5-days.

The TSX overall saw 3,418 price advancers against 1,773 declines and 138 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 they have shrunken -23.57% this year.

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 $987.94 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. Currently, there are 1 buy ratings and 5 hold 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..