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

In trading today, Polaris Infrastructure Inc shares closed at $12.25 after opening the day at $12.20. Intraday prices ranged from $12.12 to $12.50.

The price lost -1.05 percent from the previous day's close of $12.38.

Today 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.

Polaris Infrastructure Inc traded under PIF on the Toronto Stock Exchange (TSX).

Trading volume was 48,400 on 253 total trades. On average, Polaris Infrastructure Inc has traded 52,953 shares in the last five days and 49,444 year-to-date.

The TSX overall saw 3,772 price advancers against 1,443 declines and 86 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, the shares have shrunken -15.81% in the last year, while this year, they have eased -7.41%.

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 $260.91 million on a float of 21,075 shares outstanding. Its annual EPS is $0.37.

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

Currently, Polaris Infrastructure Inc's consensus rating is "Strong Buy" based on 5 analysts according to Zacks. From those 5 analysts, 5 have buy ratings.

AI at The Globe and Mail
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