Previous close | 16.00 |
Open | 16.34 |
Bid | 15.83 x 0 |
Ask | 16.40 x 0 |
Day's range | 15.67 - 16.40 |
52-week range | 8.62 - 21.50 |
Volume | |
Avg. volume | 138,395 |
Market cap | 3.883B |
Beta (5Y monthly) | 1.51 |
PE ratio (TTM) | 49.64 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Amidst a landscape of moderating inflation and shifting interest rate expectations in Canada, investors are closely watching market movements for opportunities. In such an environment, identifying undervalued stocks on the TSX can offer potential avenues for those looking to diversify their portfolios in alignment with current economic conditions.
As the Canadian market experiences signs of stabilization and potential recovery, largely influenced by rate cuts from the Bank of Canada, investors are closely monitoring shifts in economic indicators and market dynamics. In this context, growth companies with high insider ownership on the TSX stand out as potentially resilient choices, given that significant insider stakes often align management’s interests with those of shareholders, fostering a focused approach to navigating uncertain times.
As of June 2024, the Canadian market continues to navigate through a landscape shaped by evolving economic trends and shifting market conditions, guided by insights from experts like Craig Fehr. In this environment, understanding the significance of insider ownership can be crucial for investors looking for growth companies on the TSX that demonstrate confidence from those who know them best.