Closing Bell: Telesat Corp down on Wednesday (TSAT)

Telesat Corp opened trading today at $11.25 and closed at $11.00. Intraday prices ranged from $11.00 to $11.40.

Shares dipped -4.76% from the previous day's close of $11.55.

Today 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.

Telesat Corp has listed on the Toronto Stock Exchange (TSX) under the ticker TSAT.

Trading volume was 2,601 on 24 total trades, with an average volume of 760 in the last five days.

The TSX market on the whole today saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, TSAT.TO has traded as high as $30.76 (August 24,2023) and low as $9.69 (May 02,2024). Moreover, in the last 52 weeks, Telesat Corp's shares have eased -7.56 percent, while they have shrunken -20.41% since the start of 2024.

Following today's trading, Telesat Corp has a market capitalization of $158.86 million on a float of 13,754 shares outstanding. Its annual EPS is $9.61.

Telesat Corp is a TSX Communication Equipment company headquartered in Ottawa, CAN.

Currently, Telesat Corp's consensus rating is "Strong Sell" based on 0 analysts according to Zacks. From those 0 analysts,.

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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..