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

Innergex Renewable Energy Inc opened trading today at $9.39 and closed at $9.49. Intraday prices ranged from $9.29 to $9.63.

Shares advanced 1.50% from the previous day's close of $9.35.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

A total of 679,516 shares was traded during the session, with total trades of 2,516, with an average volume of 477,816 over 5 days.

The TSX overall saw 3,418 price advancers against 1,773 declines and 138 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 -25.22%, while in 2024, they have raised 3.26%.

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 $1.90 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 9.00 analysts according to Zacks. Currently, there are 6 buy ratings and 3 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..