Closing Bell: Toromont Ind up on Wednesday (TIH)

In today's trading, Toromont Ind shares closed at $128.40 after opening the day at $129.00. Intraday prices ranged from a low of $126.03 to a high of $129.65.

Shares gained 2.08% from the previous day's close of $125.78.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

Toromont Ind traded under TIH on the Toronto Stock Exchange (TSX).

Trading volume was 174,619 on 1,233 total trades, with an average volume of 93,949 over 5 days.

Trading across the entire TSX saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, TIH.TO has traded as high as $135.53 (April 10,2024) and low as $100.81 (October 31,2023). Moreover, in the last 12 months, Toromont Ind's shares have boosted 14.39 percent, while they have advanced 10.59% since the start of 2024.

It announced a 0.48 dividend on May 01/24, with an June 07/24 ex-date and July 05/24 pay day.

Following today's trading, Toromont Ind has a market capitalization of $10.34 billion on a float of 82,213 shares outstanding. Its annual EPS is $6.30.

Toromont Ind is a TSX Industrial Distribution company headquartered in Concord, CAN.

Currently, Toromont Ind has an average recommendation of "Moderate Buy" based on 8.00 analysts according to Zacks. From those 8 analysts, 6 have buy ratings and 2 analysts gave hold ratings.

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