Closing Bell: Cardinal Energy Ltd down on Wednesday (CJ)

Cardinal Energy Ltd opened trading today at $7.07 and closed at $7.00. Intraday prices ranged from a low of $6.98 to a high of $7.12.

The price shrank -0.71 percent from the previous day's close of $7.05.

Today across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

Cardinal Energy Ltd traded under CJ on the Toronto Stock Exchange (TSX).

A total of 728,764 shares was traded during the session, with total trades of 1,779, with an average volume of 609,282 in the last five days.

The TSX overall saw 2,100 price advancers against 3,108 declines and 117 unchanged.

During the prior 52 weeks, CJ.TO has traded as high as $7.96 (October 19,2023) and low as $5.75 (December 12,2023). Moreover, the shares have advanced 2.79 percent in the last 12 months, while in 2024, they have advanced 11.46%.

It announced a 0.06 dividend on July 08/24, with an July 31/24 ex-date and August 15/24 pay day.

Following today's trading, Cardinal Energy Ltd has a market capitalization of $1.12 billion on a float of 159,103 shares outstanding. Its annual EPS is $0.65.

Cardinal Energy Ltd is a TSX Oil & Gas E&P company headquartered in Calgary, CAN.

Currently, Cardinal Energy Ltd's consensus rating is "Moderate Buy" based on 4 analysts according to Zacks. From those 4 analysts, 1 have buy ratings and 3 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..