Closing Bell: Gear Energy Ltd down on Thursday (GXE)

In market activity today, shares of Gear Energy Ltd opened at $0.74 and closed at $0.72. It traded at a low of $0.72 to a high of $0.74.

Share prices eased -2.70% from the previous day's close of $0.74.

During the day across North America, the TSX Composite closed -0.54% at 22726.76, the S&P 500 closed -1.39% at 5588.27, the Dow Jones Industrial Average closed 0.59% at 41198.08 and the Nasdaq Composite closed -2.77% at 17996.92.

Gear Energy Ltd traded under GXE on the Toronto Stock Exchange (TSX).

A total of 194,074 shares was traded during the last trading day, with total trades of 71, with an average volume of 479,665 over 5 days.

Trading across the entire TSX saw 1,017 price advancers against 4,222 declines and 91 unchanged.

During the prior 52 weeks, GXE.TO has traded as high as $1.04 (July 25,2023) and low as $0.60 (January 18,2024). Moreover, in the last 12 months, Gear Energy Ltd's shares have shrunken -27.27%, while they have advanced 12.50% this year.

It announced a 0.01 dividend on July 02/24, with an July 15/24 ex-date and July 31/24 pay day.

Following today's trading, Gear Energy Ltd has a market capitalization of $194.90 million on a float of 263,385 shares outstanding. Its annual EPS is $0.03.

Gear Energy Ltd is a None company headquartered in Calgary, CAN.

Currently, Gear Energy Ltd's consensus rating is "Strong Buy" based on 1 analysts according to Zacks. Currently, there are 1 buy ratings for the stock.

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..