Closing Bell: Toromont Ind down on Wednesday (TIH)

Today, Toromont Ind shares closed at $122.50 after opening the day at $126.00. Intraday prices ranged from a low of $122.50 to a high of $127.55.

Share prices eased -2.46% from the previous day's close of $125.59.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

Trading volume was 68,224 on 639 total trades, while having an average volume of 141,818 over the last 5-days.

The TSX overall saw 1,858 price advancers against 3,319 declines and 108 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, the shares have boosted 8.41% in the last 12 months, while they have raised 5.51% since the start of 2024.

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 $10.29 billion on a float of 81,924 shares outstanding. Its annual EPS is $6.27.

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

Toromont Ind is holding an average recommendation of "Moderate Buy" from 8.00 analysts according to Zacks. From those 8 analysts, 6 have buy ratings and 2 analysts gave hold ratings.

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