Robotti Robert Buys New Position in Canadian Tire Co., Limited $CDNTF

Robotti Robert purchased a new position in Canadian Tire Co., Limited (OTCMKTS:CDNTF) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 316,591 shares of the company’s stock, valued at approximately $12,515,000. Canadian Tire accounts for about 2.0% of Robotti Robert’s portfolio, making the stock its 15th biggest position.

Canadian Tire Price Performance

Shares of Canadian Tire stock opened at $155.70 on Wednesday. The company’s fifty day simple moving average is $172.01 and its two-hundred day simple moving average is $168.91. Canadian Tire Co., Limited has a 12-month low of $150.14 and a 12-month high of $236.05.

Canadian Tire Profile

Canadian Tire Corporation, Limited is a diversified Canadian retail company known for its extensive portfolio of automotive, home, and leisure products. Through its signature Canadian Tire retail stores, the company offers a wide range of goods including automotive parts and accessories, tools and hardware, sporting equipment, home appliances, and seasonal products. In addition to its brick-and-mortar footprint, Canadian Tire operates an integrated e-commerce platform that supports online ordering, in-store pickup, and delivery services.

Founded in 1922 by brothers John W.