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Closing Bell: Toromont Ind down on Thursday (TIH)

Automated Summaries - The Globe and Mail - Thu Aug 1, 4:01PM CDT

Toromont Ind opened trading today at $128.58 and closed at $125.71. It traded at a low of $125.55 to a high of $129.07.

Share prices eased -2.10 percent from the previous day's close of $128.40.

Today across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

Toromont Ind has listed on the Toronto Stock Exchange (TSX) under the ticker TIH.

Trading volume was 142,811 on 942 total trades, while having an average volume of 108,737 over the last 5-days.

The TSX market on the whole today saw 907 price advancers against 4,327 declines and 72 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 advanced 10.38%, while in 2024, they have boosted 8.28%.

It announced a 0.48 dividend on July 30/24, with an September 06/24 ex-date and October 02/24 pay day.

Following today's trading, Toromont Ind has a market capitalization of $10.30 billion on a float of 81,924 shares outstanding. Its annual EPS is $6.30.

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

Currently, Toromont Ind's consensus rating is "Moderate Buy" based on 8 analysts according to Zacks. From those 8 analysts, 6 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..