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

Automated Summaries - The Globe and Mail - Tue Jul 23, 4:02PM CDT

Innergex Renewable Energy Inc opened trading today at $9.86 and closed at $10.03. Intraday prices ranged from $9.78 to $10.06.

The price eased -0.79% from the previous day's close of $10.11.

Today across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

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

Trading volume was 426,414 on 1,803 total trades, with an average volume of 721,368 over the last 5 days.

Trading across the entire TSX saw 3,093 price advancers against 2,137 declines and 96 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, the shares have shrunken -24.13% in 52 weeks, while in 2024, they have advanced 9.14%.

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 $2.05 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's consensus rating is "Moderate Buy" based on 8 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..