Closing Bell: Profound Medical Corp down on Friday (PRN)

In market activity today, Profound Medical Corp opened at $14.52 and closed at $13.63. Intraday prices ranged from a low of $13.55 to a high of $14.56.

The price dipped -7.47% from the previous day's close of $14.73.

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.

Profound Medical Corp has listed on the Toronto Stock Exchange (TSX) under the ticker PRN.

Trading volume was 20,223 on 94 total trades, while having an average volume of 25,366 over 5 days.

The TSX overall saw 432 price advancers against 4,843 declines and 43 unchanged.

During the prior 52 weeks, PRN.TO has traded as high as $16.00 (November 20,2023) and low as $9.55 (January 10,2024). Moreover, the shares have dipped -0.29 percent in the last 52 weeks, while this year, they have boosted 22.79%.

Following today's trading, Profound Medical Corp has a market capitalization of $333.69 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..