Closing Bell: Innergex Renewable Energy Inc up on Monday (INE)

Today in trading, shares of Innergex Renewable Energy Inc opened at $10.21 and closed at $10.42. prices ranged from $10.21 to $10.44.

The price boosted 2.46% from the previous day's close of $10.17.

Today across North America, the TSX Composite closed 1.36% at 21848.59, the S&P 500 closed -0.16% at 5464.62, the Dow Jones Industrial Average closed 0.04% at 39150.33 and the Nasdaq Composite closed -0.18% at 17689.36.

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

A total of 564,247 shares was traded during the last trading day, with total trades of 2,329, with an average volume of 571,542 over the last 5 days.

The TSX market on the whole today saw 3,255 price advancers against 1,987 declines and 89 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 52 weeks, Innergex Renewable Energy Inc's shares have slid -17.04%, while they have boosted 13.38% since the start of 2024.

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 $2.07 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.

Based on 9.00 analysts, Innergex Renewable Energy Inc gets an average recommendation of "Moderate Buy" according to Zacks. From those 9 analysts, 7 have buy ratings and 2 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..