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

Automated Summaries - The Globe and Mail - Thu Jun 20, 4:02PM CDT

In market activity today, Innergex Renewable Energy Inc shares closed at $10.24 after opening the day at $10.53. Intraday prices ranged from a low of $10.21 to a high of $10.60.

The price dipped -3.31 percent from the previous day's close of $10.59.

During the day across North America, the TSX Composite closed 0.30% at 21581.35, the S&P 500 closed 0.25% at 5487.03, the Dow Jones Industrial Average closed 0.15% at 38834.86 and the Nasdaq Composite closed 0.03% at 17862.23.

Innergex Renewable Energy Inc has listed on the Toronto Stock Exchange (TSX) under the ticker INE.

A total of 873,213 shares was traded during the session, with total trades of 2,916. On average, Innergex Renewable Energy Inc has traded 524,901 shares in the last five days and 745,350 year-to-date.

The TSX overall saw 2,427 price advancers against 2,794 declines and 117 unchanged.

During the prior 52 weeks, INE.TO has traded as high as $13.44 (July 14,2023) and low as $7.05 (February 20,2024). Moreover, in the last 12 months, Innergex Renewable Energy Inc's shares have dipped -22.78 percent, while in 2024, they have boosted 11.43%.

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 $2.15 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.

Currently, Innergex Renewable Energy Inc's consensus rating is "Moderate Buy" based on 9 analysts according to Zacks. Currently, there are 7 buy ratings and 2 hold ratings for the stock.

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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..