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

Today, Innergex Renewable Energy Inc shares closed at $9.42 after opening the day at $9.54. prices ranged from $9.35 to $9.68.

Share prices reduced -0.74 percent from the previous day's close of $9.49.

Today across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

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

Trading volume was 397,895 on 1,779 total trades, with an average volume of 470,294 over 5 days.

The TSX market on the whole today saw 907 price advancers against 4,327 declines and 72 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 dipped -25.89 percent in the last 52 weeks, while in 2024, they have advanced 2.50%.

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 $1.92 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 9.00 analysts according to Zacks. From those 9 analysts, 6 have buy ratings and 3 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..