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

Automated Summaries - The Globe and Mail - Wed Jul 17, 4:01PM CDT

In today's trading, Innergex Renewable Energy Inc shares opened at $10.46 and closed at $10.20. It traded at a low of $10.18 to a high of $10.46.

Shares lost -3.04 percent from the previous day's close of $10.52.

During the day across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

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

Trading volume was 387,495 on 1,682 total trades, while having an average volume of 502,156 over the last 5-days.

The TSX market on the whole today saw 2,100 price advancers against 3,108 declines and 117 unchanged.

During the prior 52 weeks, INE.TO has traded as high as $13.34 (August 29,2023) and low as $7.05 (February 20,2024). Moreover, in the last 52 weeks, Innergex Renewable Energy Inc's shares have eased -21.17%, while they have boosted 10.99% 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 $2.13 billion on a float of 202,744 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 has an average recommendation of "Moderate Buy" based on 8.00 analysts according to Zacks. Currently, there are 7 buy ratings and 1 hold 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..