Closing Bell: Converge Technology Solutions Corp up on Tuesday (CTS)

In today's trading, shares of Converge Technology Solutions Corp opened at $3.91 and closed at $4.15. It traded at a low of $3.83 to a high of $4.17.

Shares raised 3.75 percent from the previous day's close of $4.00.

During the day 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.

Converge Technology Solutions Corp traded under CTS on the Toronto Stock Exchange (TSX).

Trading volume was 492,983 on 1,655 total trades, while having an average volume of 450,499 over 5 days.

Trading across the entire TSX saw 3,772 price advancers against 1,443 declines and 86 unchanged.

During the prior 52 weeks, CTS.TO has traded as high as $6.06 (March 14,2024) and low as $2.24 (October 19,2023). Moreover, in the last 12 months, Converge Technology Solutions Corp's shares have boosted 26.52 percent, while in 2024, they have raised 0.24%.

It announced a 0.01 dividend on May 08/24, with an May 22/24 ex-date and June 06/24 pay day.

Following today's trading, Converge Technology Solutions Corp has a market capitalization of $799.48 million on a float of 199,870 shares outstanding. Its annual EPS is $-0.01.

Converge Technology Solutions Corp is a TSX Information Technology Srvs company headquartered in Toronto, CAN.

Based on 10.00 analysts, Converge Technology Solutions Corp gets an average recommendation of "Moderate Buy" according to Zacks. Currently, there are 8 buy ratings and 2 hold ratings for the stock.

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