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Closing Bell: Premium Brands Holdings Corp down on Friday (PBH)

Automated Summaries - The Globe and Mail - Mon Aug 5, 4:01PM CDT

Premium Brands Holdings Corp opened trading today at $91.00 and closed at $89.30. Intraday prices ranged from a low of $89.00 to a high of $91.00.

Shares slipped -2.93 percent from the previous day's close of $92.00.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

Premium Brands Holdings Corp has listed on the Toronto Stock Exchange (TSX) under the ticker PBH.

Trading volume was 44,326 on 356 total trades, while having an average volume of 36,412 over 5 days.

The TSX market on the whole today saw 432 price advancers against 4,843 declines and 43 unchanged.

During the prior 52 weeks, PBH.TO has traded as high as $113.60 (August 11,2023) and low as $84.66 (March 15,2024). Moreover, the shares have dipped -16.16% in the last 12 months, while they have reduced -5.03% this year.

It announced a 0.85 dividend on May 13/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, Premium Brands Holdings Corp has a market capitalization of $3.97 billion on a float of 44,412 shares outstanding. Its annual EPS is $2.12.

Premium Brands Holdings Corp is a TSX Packaged Foods company headquartered in Richmond, CAN.

Premium Brands Holdings Corp's average recommendation is "Moderate Buy" based on 9.00 analysts according to Zacks. From those 9 analysts, 6 have buy ratings and 3 analysts gave hold 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..