Tuesday, July 5

Tag: stocks

Converge Technology Solutions Corp. (TSE:CTS) Director Purchases C$24,400.00 in Stock
Science

Converge Technology Solutions Corp. (TSE:CTS) Director Purchases C$24,400.00 in Stock

Converge Technology Solutions Corp. (TSE:CTS – Get Rating) Director Ralph Garcea bought 4,000 shares of the business’s stock in a transaction dated Thursday, May 12th. The shares were purchased at an average cost of C$6.10 per share, with a total value of C$24,400.00. Following the completion of the acquisition, the director now owns 58,000 shares in the company, valued at C$353,800. Shares of CTS stock traded up C$0.06 during trading hours on Friday, hitting C$6.15. The stock had a trading volume of 856,979 shares, compared to its average volume of 679,687. The firm has a market capitalization of C$1.32 billion and a PE ratio of 76.88. Converge Technology Solutions Corp. has a twelve month low of C$5.88 and a twelve month high of C$13.09. The stock’s 50 day movin...
Why Stocks Are Better Than Crypto
Opinion

Why Stocks Are Better Than Crypto

Stocks are a traditional form of investment that represents ownership of a business. Unlike cryptocurrencies, stocks represent a claim on assets, instead of a proportionate ownership stake. A study of retail investors found that 35% of them believe cryptocurrencies provide more potential for profit than stocks, while 30% say they prefer stocks over cryptocurrencies. Although these percentages are very small, they are still indicative of the general public's view on these assets. Stocks represent ownership in an actual business A stock is a unit of ownership that represents a fraction of the equity in an organization. Unlike bonds, which are loans to creditors, stocks are issued by companies to raise capital or expand their operations. They are issued in two main types: common stock ...