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

Automated Summaries - The Globe and Mail - Thu Jul 18, 4:01PM CDT

Innergex Renewable Energy Inc opened trading today at $10.25 and closed at $10.04. Intraday prices ranged from a low of $9.87 to a high of $10.31.

Shares slipped -1.57 percent from the previous day's close of $10.20.

Today across North America, the TSX Composite closed -0.54% at 22726.76, the S&P 500 closed -1.39% at 5588.27, the Dow Jones Industrial Average closed 0.59% at 41198.08 and the Nasdaq Composite closed -2.77% at 17996.92.

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

Trading volume was 894,579 on 2,263 total trades, while having an average volume of 513,035 in the last five days.

The TSX overall saw 1,017 price advancers against 4,222 declines and 91 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 dipped -21.32 percent, while they have surged 9.25% 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 202,744 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. From those 8 analysts, 7 have buy ratings and 1 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..