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Closing Bell: Redishred Capital Corp down on Friday (KUT)

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

In today's trading, Redishred Capital Corp shares closed at $2.85 after opening the day at $3.00. It traded at a low of $2.84 to a high of $3.00.

Share prices eased -6.56 percent from the previous day's close of $3.05.

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.

Redishred Capital Corp traded under KUT on the Toronto Venture Exchange (TSX-V).

Trading volume was 4,806 on 9 total trades. On average, Redishred Capital Corp has traded 2,691 shares in the last five days and 5,646 year-to-date.

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

During the prior 52 weeks, KUT.VN has traded as high as $3.89 (August 14,2023) and low as $2.32 (October 31,2023). Moreover, the shares have reduced -22.97% in 52 weeks, while this year, they have dipped -1.04%.

Following today's trading, Redishred Capital Corp has a market capitalization of $55.82 million on a float of 18,303 shares outstanding. Its annual EPS is $0.03.

Redishred Capital Corp is a TSX Business Services company headquartered in Mississauga, CAN.

Currently, Redishred Capital Corp's consensus rating is "Moderate Buy" based on 2 analysts according to Zacks. From those 2 analysts, 2 have buy ratings.

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..