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Closing Bell: Richelieu Hardware Ltd down on Tuesday (RCH)

Automated Summaries - The Globe and Mail - Tue Aug 6, 4:02PM CDT

Today in trading, Richelieu Hardware Ltd shares closed at $38.88 after opening the day at $38.64. Intraday prices ranged from $38.64 to $39.46.

The price eased -1.14% from the previous day's close of $39.33.

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.

Richelieu Hardware Ltd traded under RCH on the Toronto Stock Exchange (TSX).

Trading volume was 36,305 on 328 total trades, while having an average volume of 36,903 over the last 5-days.

The TSX overall saw 3,772 price advancers against 1,443 declines and 86 unchanged.

During the prior 52 weeks, RCH.TO has traded as high as $48.27 (December 28,2023) and low as $37.39 (May 29,2024). Moreover, the shares have eased -10.08% in the last 12 months, while in 2024, they have dipped -18.97%.

It announced a 0.15 dividend on July 11/24, with an July 25/24 ex-date and August 08/24 pay day.

Following today's trading, Richelieu Hardware Ltd has a market capitalization of $2.19 billion on a float of 55,678 shares outstanding. Its annual EPS is $1.72.

Richelieu Hardware Ltd is a TSX Home Furnishings & Fixture company headquartered in Montreal, CAN.

Richelieu Hardware Ltd's average recommendation is "Hold" based on 2.00 analysts according to Zacks. Currently, there are 2 hold 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..