Closing Bell: Profound Medical Corp up on Tuesday (PRN)

In today's trading, Profound Medical Corp shares opened at $14.05 and closed at $14.85. Intraday prices ranged from a low of $14.02 to a high of $14.95.

The price boosted 6.07 percent from the previous day's close of $14.00.

During the day across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

Profound Medical Corp traded under PRN on the Toronto Stock Exchange (TSX).

Trading volume was 43,890 on 307 total trades, while having an average volume of 16,652 over 5 days.

The TSX market on the whole today saw 3,093 price advancers against 2,137 declines and 96 unchanged.

During the prior 52 weeks, PRN.TO has traded as high as $17.02 (July 26,2023) and low as $9.55 (January 10,2024). Moreover, in the last 12 months, Profound Medical Corp's shares have eased -9.95%, while in 2024, they have boosted 33.78%.

Following today's trading, Profound Medical Corp has a market capitalization of $342.75 million on a float of 24,482 shares outstanding. Its annual EPS is $-1.29.

Profound Medical Corp is a company headquartered in Mississauga, CAN.

Based on 5.00 analysts, Profound Medical Corp gets an average recommendation of "Strong Buy" according to Zacks. From those 5 analysts, 4 have buy ratings and 1 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..