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Closing Bell: Innergex Renewable Energy Inc down on Tuesday (INE)

Automated Summaries - The Globe and Mail - Tue Jun 11, 4:01PM CDT

Innergex Renewable Energy Inc opened trading today at $10.61 and closed at $10.54. Intraday prices ranged from $10.51 to $10.69.

Shares dipped -1.31 percent from the previous day's close of $10.68.

During the day across North America, the TSX Composite closed -0.83% at 21887.34, the S&P 500 closed 0.26% at 5360.79, the Dow Jones Industrial Average closed 0.18% at 38868.04 and the Nasdaq Composite closed 0.35% at 17192.53.

Innergex Renewable Energy Inc traded under INE on the Toronto Stock Exchange (TSX).

A total of 643,367 shares was traded during the session, with total trades of 1,936. On average, Innergex Renewable Energy Inc has traded 717,665 shares over the last 5-days and 759,131 year-to-date.

The TSX market on the whole today saw 2,014 price advancers against 3,108 declines and 138 unchanged.

During the prior 52 weeks, INE.TO has traded as high as $13.91 (June 12,2023) and low as $7.05 (February 20,2024). Moreover, the shares have plummeted -24.28 percent in 52 weeks, while they have advanced 14.69% year-to-date.

It announced a 0.09 dividend on May 09/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, Innergex Renewable Energy Inc has a market capitalization of $2.17 billion on a float of 203,457 shares outstanding. Its annual EPS is $-0.64.

Innergex Renewable Energy Inc is a TSX Utilities company headquartered in Longueuil, CAN.

Innergex Renewable Energy Inc's average recommendation is "Moderate Buy" based on 9.00 analysts according to Zacks. From those 9 analysts, 7 have buy ratings and 2 analysts gave hold ratings.

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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..