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

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

Gear Energy Ltd opened trading today at $0.69 and closed at $0.68. prices ranged from a low of $0.66 to a high of $0.69.

Share prices dipped -1.45 percent from the previous day's close of $0.69.

During the day 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.

Gear Energy Ltd has listed on the Toronto Stock Exchange (TSX) under the ticker GXE.

A total of 565,946 shares was traded during the session, with total trades of 157, while having an average volume of 515,607 over the last 5-days.

Trading across the entire TSX saw 432 price advancers against 4,843 declines and 43 unchanged.

During the prior 52 weeks, GXE.TO has traded as high as $0.91 (September 29,2023) and low as $0.60 (January 18,2024). Moreover, in the last 52 weeks, Gear Energy Ltd's shares have decreased -19.05%, while in 2024, they have advanced 6.25%.

It announced a 0.01 dividend on July 31/24, with an August 15/24 ex-date and August 30/24 pay day.

Following today's trading, Gear Energy Ltd has a market capitalization of $179.24 million on a float of 263,584 shares outstanding. Its annual EPS is $0.05.

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

Gear Energy Ltd is holding an average recommendation of "Strong Buy" from 1.00 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..