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Cargojet rises 2.9% on high volatility February 28, 2017 17:00 EST

Feb 28, 2017 - News Bites Canadian Markets


Cargojet Inc. (TSX:CJT), Canada's 4th largest Transportation & logistics company by market cap, traded between an intraday low of CAD47.60 and a high of CAD49.12. The price range has expanded in the last two days (from CAD1.34 two days ago to CAD1.52 today) which, accompanied by a price rise, is a bullish signal. The average daily volatility of 2.3% places the stock in the 3rd quartile in the market, meaning it is the mildly volatile. Today its volatility (highe...