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

Automated Summaries - The Globe and Mail - Mon Jul 29, 4:02PM CDT

Innergex Renewable Energy Inc opened trading today at $9.45 and closed at $9.52. It traded at a low of $9.37 to a high of $9.59.

The price decreased -0.10% from the previous day's close of $9.53.

During the day across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

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

A total of 469,219 shares was traded during the last trading day, with total trades of 1,800, with an average volume of 584,491 in the last five days.

Trading across the entire TSX saw 1,903 price advancers against 3,356 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, the shares have shrunken -24.98 percent in the last 12 months, while they have boosted 3.59% this year.

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 $1.93 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's average recommendation is "Moderate Buy" based on 9.00 analysts 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..