Canadian Tire Stock Quote Globe And Mail
Introduction
Canadian Tire Corporation, Limited is a Canadian retail company that sells a wide range of products, including automotive, hardware, sports, and home products. It is one of Canada's largest retailers, and its stock is traded on the Toronto Stock Exchange (TSE) under the symbol CTC.A. In this article, we will discuss the Canadian Tire stock quote as reported by the Globe and Mail.
What is the Globe and Mail?
The Globe and Mail is a Canadian newspaper that has been in circulation since 1844. It is widely respected for its coverage of business and finance news, and it is one of the most widely read newspapers in Canada. The Globe and Mail also provides up-to-date stock quotes for companies that are listed on the Toronto Stock Exchange.
Canadian Tire's Stock Performance
Canadian Tire's stock has performed well over the past few years. In 2015, the company's stock was trading at around $140 per share. By 2018, the stock had risen to over $170 per share. However, in 2020, due to the COVID-19 pandemic, the stock took a hit, falling to around $90 per share. Since then, the stock has rebounded, and as of August 2021, it is trading at around $170 per share once again.
Factors Affecting Canadian Tire's Stock Price
There are several factors that can affect the price of Canadian Tire's stock, including:
- The overall performance of the Canadian economy
- The performance of the retail sector
- The strength of the Canadian dollar
- The company's financial performance, including its revenue and earnings
It's important to note that the stock market is unpredictable, and many factors can affect the price of a stock.
How to Track Canadian Tire's Stock Price
If you're interested in tracking Canadian Tire's stock price, you can do so by visiting the Globe and Mail's website. The website provides up-to-date information on the stock's price, as well as other key financial metrics, such as the company's market capitalization and dividend yield.
Conclusion
Canadian Tire is a well-known Canadian retailer that has been in business for over 90 years. Its stock is traded on the Toronto Stock Exchange, and its performance has been strong over the past few years. However, like all stocks, its price can be affected by a variety of factors. If you're interested in tracking Canadian Tire's stock price, you can do so by visiting the Globe and Mail's website.