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Closing Bell: Cogeco Communications Inc down on Friday (CCA)

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

In trading today, Cogeco Communications Inc shares closed at $63.81 after opening the day at $63.72. Intraday prices ranged from a low of $63.50 to a high of $64.22.

Shares dipped -0.48% from the previous day's close of $64.12.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

Cogeco Communications Inc has listed on the Toronto Stock Exchange (TSX) under the ticker CCA.

Trading volume was 65,577 on 545 total trades, with an average volume of 67,255 over 5 days.

The TSX market on the whole today saw 741 price advancers against 4,512 declines and 69 unchanged.

During the prior 52 weeks, CCA.TO has traded as high as $67.00 (August 11,2023) and low as $50.78 (November 14,2023). Moreover, the shares have eased -2.76% in the last 12 months, while in 2024, they have boosted 7.51%.

It announced a 0.85 dividend on July 11/24, with an July 25/24 ex-date and August 08/24 pay day.

Following today's trading, Cogeco Communications Inc has a market capitalization of $2.69 billion on a float of 42,222 shares outstanding. Its annual EPS is $7.84.

Cogeco Communications Inc is a TSX Telecom Services company headquartered in Montreal, CAN.

Cogeco Communications Inc's average recommendation is "Hold" based on 8.00 analysts according to Zacks. Currently, there are 1 buy ratings and 7 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..