Nutrien Ltd. Hits Day Low of CAD 75.97 Amid Price Pressure

Nutrien Ltd. experienced a notable decline today, with the stock dropping by 3.43% as it reached an intraday low of CAD 75.97. This performance contrasts with the S&P/TSX 60, which saw a decrease of only 1.09% on the same day. Over the past week, Nutrien's stock has fallen by 6.01%, and its monthly performance shows a decline of 7.0%.
Despite these short-term fluctuations, Nutrien has demonstrated a year-to-date gain of 18.17%, although this is slightly below the S&P/TSX 60's performance of 19.78%. Looking at longer-term metrics, the stock has faced challenges over the past three years, with a decline of 32.19%, while its five-year performance shows a gain of 40.34%.

Nutrien operates within the Chemicals & Petrochemicals industry and holds a market capitalization of CAD 40,175 million. The company maintains a return on equity of 5.86% and a price-to-book ratio of 1.17, indicating a fair valuation relative to its peers. The stock's performance metrics reflect a complex landscape as it navigates current market conditions.