Closing Bell: International Petroleum Corp down on Tuesday (IPCO)

International Petroleum Corp opened trading today at $17.94 and closed at $18.31. Intraday prices ranged from a low of $17.91 to a high of $18.60.

Shares dipped -2.86 percent from the previous day's close of $18.85.

Today 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.

International Petroleum Corp has listed on the Toronto Stock Exchange (TSX) under the ticker IPCO.

Trading volume was 58,730 on 526 total trades, while having an average volume of 69,178 over the last 5-days.

The TSX market on the whole today saw 3,772 price advancers against 1,443 declines and 86 unchanged.

During the prior 52 weeks, IPCO.TO has traded as high as $20.59 (July 18,2024) and low as $11.75 (October 04,2023). Moreover, the shares have boosted 50.70 percent in the last 12 months, while they have advanced 16.11% since the start of 2024.

Following today's trading, International Petroleum Corp has a market capitalization of $2.30 billion on a float of 122,096 shares outstanding. Its annual EPS is $1.38.

International Petroleum Corp is a TSX Oil & Gas E&P company headquartered in Vancouver, CAN.

International Petroleum Corp's average recommendation is "Hold" based on 2.00 analysts according to Zacks. From those 2 analysts, 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..