Previous Close | 17.44 |
Open | 17.43 |
Bid | 17.38 x N/A |
Ask | 17.38 x N/A |
Day's Range | 17.00 - 17.43 |
52 Week Range | 6.72 - 19.15 |
Volume | |
Avg. Volume | 453,976 |
Market Cap | 2.267B |
Beta (5Y Monthly) | 1.40 |
PE Ratio (TTM) | 193.11 |
EPS (TTM) | 0.09 |
Earnings Date | Nov 12, 2024 - Nov 18, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 21.49 |
The market has been flat over the last week, but it is up 25% over the past year with earnings expected to grow by 15% per annum over the next few years. In this environment, growth companies with high insider ownership can be particularly attractive as they often align management's interests with those of shareholders, potentially driving strong performance.
The Canadian market has been riding a wave of optimism, with the TSX reaching all-time highs, buoyed by recent rate cuts from the U.S. Federal Reserve and ongoing enthusiasm around AI technologies. In this favorable environment, growth companies with high insider ownership are particularly intriguing as they often signal strong confidence in future performance and alignment of interests between management and shareholders.
In the last week, the Canadian market has been flat, though it has risen 23% over the past 12 months and earnings are expected to grow by 15% per annum in the coming years. In this context, identifying growth companies with high insider ownership can be crucial as it often indicates confidence from those who know the business best.