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

Automated Summaries - The Globe and Mail - Fri Jun 28, 4:01PM CDT

In market activity today, Innergex Renewable Energy Inc shares closed at $10.23 after opening the day at $10.40. Intraday prices ranged from a low of $10.14 to a high of $10.52.

Shares dipped -1.82% from the previous day's close of $10.42.

Today across North America, the TSX Composite closed -0.30% at 21875.79, the S&P 500 closed 0.09% at 5482.87, the Dow Jones Industrial Average closed 0.09% at 39164.06 and the Nasdaq Composite closed 0.30% at 17858.68.

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

Trading volume was 693,220 on 2,057 total trades, while having an average volume of 560,178 in the last five days.

The TSX overall saw 2,599 price advancers against 2,604 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 52 weeks, Innergex Renewable Energy Inc's shares have eased -18.16%, while in 2024, they have surged 11.32%.

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 $2.12 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 is holding an average recommendation of "Moderate Buy" from 8.00 analysts according to Zacks. Currently, there are 7 buy ratings and 1 hold ratings for the stock.

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