Closing Bell: Converge Technology Solutions Corp down on Wednesday (CTS)

In market activity today, shares of Converge Technology Solutions Corp opened at $4.18 and closed at $4.08. Intraday prices ranged from $4.01 to $4.22.

Shares decreased -1.69% from the previous day's close of $4.15.

Today across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

A total of 610,337 shares was traded during the last trading day, with total trades of 2,454, while having an average volume of 539,961 in the last five days.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 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 52 weeks, Converge Technology Solutions Corp's shares have advanced 24.39%, while this year, they have eased -1.45%.

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 $829.46 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.

Converge Technology Solutions Corp's average recommendation is "Moderate Buy" based on 10.00 analysts according to Zacks. From those 10 analysts, 8 have buy ratings and 2 analysts gave hold ratings.

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