Canam Group Inc. (CAM:CA) Declines 16.77% for February 16

Equities Staff |

It was a tough day for Canam Group Inc. (CAM:CA) as its stock fell 16.77% to finish the day at $7.05 a share on February 16. That reduces the company’s market cap to 319.8 million on 45.36 million outstanding shares. Canam Group Inc. is a component of the the S&P/TSX SmallCap Index.

1.49 million shares exchanged hands over the course of the day as compared with an average daily volume of 77,677 over the last 30 days.

Canam Group Inc is engaged in designing solutions and fabricating customized products for the North-American construction industry. The Company's service offer extends from the preconstruction phase to the erection of structural steel components.. Canam Group Inc. makes its home in Saint-Georges, QC, and currently has CEO Marc Dutil at the helm.

The past 52 weeks have seen the stock trade in a range between a high of $13.75 and a low of $8.29, and it’s currently sporting a 50-day SMA of $9.09 and a 200-day SMA of $10.33. The current P/E ratio stands at 52.9, with a P/B ratio of 0.58.

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Canam Group Inc. ($CAM:CA) is one of the 200 Canadian small-cap stocks that make up the S&P500/TSX SmallCap Index, the widely recognized benchmark for gauging the performance of the Canadian small-cap market. Similar to the Russell 2000 in the United States, the index is market cap-weighted and consists only of smaller companies. To be a part of the index, a company must have a market capitalization between C$100 million and C$1.5 billion with an average share price of C$1 or more.

To get more information on Canam Group Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: CAM:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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