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Closing Bell: Pason Systems Inc down on Friday (PSI)

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

In today's trading, Pason Systems Inc stock opened at $16.11 and closed at $15.54. It traded at a low of $15.51 to a high of $16.12.

Share prices dipped -4.25 percent from the previous day's close of $16.23.

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.

Pason Systems Inc traded under PSI on the Toronto Stock Exchange (TSX).

Trading volume was 123,519 on 943 total trades. On average, Pason Systems Inc has traded 120,363 shares in the last five days and 131,789 year-to-date.

The TSX market on the whole today saw 741 price advancers against 4,512 declines and 69 unchanged.

During the prior 52 weeks, PSI.TO has traded as high as $18.59 (July 11,2024) and low as $12.33 (February 29,2024). Moreover, the shares have advanced 18.63 percent in the last year, while in 2024, they have eased -3.90%.

It announced a 0.13 dividend on May 03/24, with an June 14/24 ex-date and June 28/24 pay day.

Following today's trading, Pason Systems Inc has a market capitalization of $1.29 billion on a float of 79,585 shares outstanding. Its annual EPS is $1.64.

Pason Systems Inc is a TSX Oil & Gas Equipment & Srvs company headquartered in Calgary, CAN.

Currently, Pason Systems Inc's consensus rating is "Moderate Buy" based on 5 analysts according to Zacks. From those 5 analysts, 3 have buy ratings and 2 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..