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

In today's trading, Polaris Infrastructure Inc stock opened at $12.36 and closed at $12.09. Intraday prices ranged from $11.90 to $12.36.

Share prices dipped -1.31% from the previous day's close of $12.25.

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.

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

A total of 50,908 shares was traded during the session, with total trades of 227, with an average volume of 60,601 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, PIF.TO has traded as high as $15.77 (September 19,2023) and low as $11.08 (March 14,2024). Moreover, the shares have dipped -16.91 percent in the last year, while they have reduced -8.62% year-to-date.

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 $258.17 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. 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..