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

In trading today, shares of Innergex Renewable Energy Inc opened at $9.23 and closed at $9.65. prices ranged from a low of $9.14 to a high of $9.71.

The price advanced 2.66 percent from the previous day's close of $9.40.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

Trading volume was 487,885 on 2,497 total trades. On average, Innergex Renewable Energy Inc has traded 488,148 shares over the last 5-days and 718,761 year-to-date.

The TSX overall saw 3,772 price advancers against 1,443 declines and 86 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 decreased -22.05 percent, while in 2024, they have advanced 5.01%.

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 $1.91 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 9 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..