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

Automated Summaries - The Globe and Mail - Wed Jul 31, 4:02PM CDT

Cardinal Energy Ltd opened trading today at $6.98 and closed at $6.87. prices ranged from $6.87 to $7.00.

Share prices dipped -1.29 percent from the previous day's close of $6.96.

Today across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

A total of 1,154,313 shares was traded during the last trading day, with total trades of 1,834, with an average volume of 853,960 over the last 5 days.

The TSX overall saw 3,418 price advancers against 1,773 declines and 138 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, in the last 52 weeks, Cardinal Energy Ltd's shares have dipped -4.58 percent, while this year, they have boosted 9.39%.

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 $1.11 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.

Based on 4.00 analysts, Cardinal Energy Ltd gets an average recommendation of "Moderate Buy" 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..