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

Automated Summaries - The Globe and Mail - Tue Aug 6, 4:02PM CDT

Today in trading, Cogeco Communications Inc stock opened at $63.21 and closed at $63.67. It traded at a low of $62.75 to a high of $64.41.

Share prices decreased -0.22 percent from the previous day's close of $63.81.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

Cogeco Communications Inc traded under CCA on the Toronto Stock Exchange (TSX).

Trading volume was 82,666 on 660 total trades. On average, Cogeco Communications Inc has traded 62,605 shares over 5 days and 82,286 year-to-date.

The TSX overall saw 3,772 price advancers against 1,443 declines and 86 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 -1.23% in the last 12 months, while they have advanced 7.28% since the start of 2024.

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 $2.68 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.

Currently, Cogeco Communications Inc has an average recommendation of "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..