Closing Bell: Versabank down on Tuesday (VBNK)

Versabank opened trading today at $15.78 and closed at $15.29. prices ranged from $15.22 to $15.78.

Shares dipped -2.18% from the previous day's close of $15.63.

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.

Versabank traded under VBNK on the Toronto Stock Exchange (TSX).

Trading volume was 2,597 on 25 total trades, while having an average volume of 10,115 in the last five days.

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

During the prior 52 weeks, VBNK.TO has traded as high as $16.92 (July 30,2024) and low as $9.96 (October 26,2023). Moreover, the shares have boosted 35.91 percent in 52 weeks, while this year, they have advanced 5.16%.

It announced a 0.03 dividend on June 05/24, with an July 05/24 ex-date and July 31/24 pay day.

Following today's trading, Versabank has a market capitalization of $405.82 million on a float of 25,964 shares outstanding. Its annual EPS is $1.78.

Versabank is a TSX Banks company headquartered in London, CAN.

Currently, Versabank has an average recommendation of "Moderate Buy" based on 1.00 analysts according to Zacks. Currently, there are 1 buy 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..