At close of market on Wednesday, Boyd Group Income Fund (TSX:BYD.UN) stock finished trading at +8.52%, bringing the stock price to $163.36 on the Toronto Stock Exchange. The stock price saw a low of $159.20 and a high of $167.41.
The company’s stock was traded 1,020 times with a total of 167,144 shares traded.
Boyd Group Income Fund has a market cap of $3.24 billion, with 19.87 million shares in issue.
Boyd Group Income Fund is a personal services company that provides auto body and auto glass repair services at its portfolio of facilities located across the United States and Canada. The company operates in Canada primarily under the Boyd Autobody and Glass brand name, while its most notable U.S. brand is Gerber Collision and Glass. Boyd Group is one of the largest retailers of auto glass in the United States and provides repair services to its customers both at its numerous workshop facilities and on the side of the road. The company derives the vast majority of its revenue from its activities in the United States. Nearly all of Boyd Group’s revenue is contributed by a concentrated group of large insurance companies that insure its customers’ automobiles.
