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Closing Bell: Polaris Infrastructure Inc down on Friday (PIF)

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

Today during trading, shares of Polaris Infrastructure Inc opened at $12.75 and closed at $12.38. prices ranged from a low of $12.30 to a high of $12.75.

Share prices eased -2.06% from the previous day's close of $12.64.

Today 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.

Polaris Infrastructure Inc has listed on the Toronto Stock Exchange (TSX) under the ticker PIF.

A total of 38,030 shares was traded during the session, with total trades of 213, with an average volume of 51,711 over 5 days.

The TSX overall saw 741 price advancers against 4,512 declines and 69 unchanged.

During the prior 52 weeks, PIF.TO has traded as high as $15.77 (September 19,2023) and low as $11.08 (March 14,2024). Moreover, in the last 12 months, Polaris Infrastructure Inc's shares have decreased -12.51%, while they have eased -6.42% since the start of 2024.

It announced a 0.15 dividend on August 01/24, with an August 12/24 ex-date and August 23/24 pay day.

Following today's trading, Polaris Infrastructure Inc has a market capitalization of $266.39 million on a float of 21,075 shares outstanding. Its annual EPS is $0.55.

Polaris Infrastructure Inc is a TSX Utilities company headquartered in Toronto, CAN.

Based on 5.00 analysts, Polaris Infrastructure Inc gets an average recommendation of "Strong Buy" according to Zacks. Currently, there are 5 buy 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..