Cargojet Inc traded at 79.24 this Friday September 4th, decreasing 1.20 or 1.49 percent since the previous trading session. Looking back, over the last four weeks, Cargojet lost 10.61 percent. Over the last 12 months, its price fell by 23.10 percent. Looking ahead, we forecast Cargojet Inc to be priced at 83.25 by the end of this quarter and at 77.85 in one year, according to Trading Economics global macro models projections and analysts expectations.
Cargojet Inc. is a Canada-based provider of time sensitive air cargo services to all major cities across North America, providing dedicated, aircraft, crew, maintenance and insurance (ACMI) and international charter services. The Company''s main air cargo business is comprised of operating a domestic network air cargo co-load network between sixteen major Canadian cities and providing dedicated aircraft to customers on an ACMI basis, operating between points in Canada, the United States, Mexico, South America, Asia and Europe. It also operates scheduled and ad hoc international routes for multiple cargo customers between United States and Bermuda, between Canada, United Kingdom and Germany; between Canada and Asia; and between Canada and Mexico. Its charter services include Go Now, dangerous goods, heavy & oversized cargo, humanitarian and relief, remote destinations, automotive, and oil and gas. The Company operates its network with its own cargo fleet of approximately 41 aircraft.