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Bank of Montreal 5-Year Rate Reset Class B Preferred Shares Series 31 drops on high volatility March 01, 2017 17:00 EST

Mar 01, 2017 - News Bites Canadian Markets


Bank of Montreal (TSX:BMO.PR.W), Canada's 36th largest Bank by market cap, traded between an intraday low of CAD21.61 and a high of CAD21.77. The average daily volatility of 1.0% places the preference stock in the 4th quartile in the market, meaning it is the least volatile. Today its volatility (highest price minus lowest price/lowest price) of 0.7% was 0.7 times the average daily volatility of 1.0%, up from 0.5% on Tuesday and 0.6% on Monday. The preference st...