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

Automated Summaries - The Globe and Mail - Mon Aug 5, 4:01PM CDT

Cardinal Energy Ltd opened trading today at $6.69 and closed at $6.60. prices ranged from $6.43 to $6.69.

The price shrank -1.35% from the previous day's close of $6.69.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

Trading volume was 1,380,957 on 3,311 total trades, with an average volume of 1,066,744 over 5 days.

The TSX overall saw 432 price advancers against 4,843 declines and 43 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 eased -7.30 percent in the last 12 months, while they have advanced 5.10% this year.

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 $1.05 billion on a float of 159,178 shares outstanding. Its annual EPS is $0.73.

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..