Closing Bell: Nova Cannabis Inc down on Thursday (NOVC)

Today, Nova Cannabis Inc shares closed at $1.22 after opening the day at $1.22. prices ranged from $1.17 to $1.24.

Share prices dipped -2.40% from the previous day's close of $1.25.

During the day across North America, the TSX Composite closed -0.54% at 22726.76, the S&P 500 closed -1.39% at 5588.27, the Dow Jones Industrial Average closed 0.59% at 41198.08 and the Nasdaq Composite closed -2.77% at 17996.92.

Nova Cannabis Inc traded under NOVC on the Toronto Stock Exchange (TSX).

Trading volume was 8,710 on 30 total trades, with an average volume of 18,494 over the last 5 days.

Trading across the entire TSX saw 1,017 price advancers against 4,222 declines and 91 unchanged.

During the prior 52 weeks, NOVC.TO has traded as high as $2.08 (March 04,2024) and low as $0.40 (August 08,2023). Moreover, in the last 52 weeks, Nova Cannabis Inc's shares have risen 154.17 percent, while this year, they have advanced 37.08%.

Following today's trading, Nova Cannabis Inc has a market capitalization of $71.66 million on a float of 57,331 shares outstanding. Its annual EPS is $0.05.

Nova Cannabis Inc is a TSX Pharmaceutical Retailers company headquartered in Edmonton, CAN.

Nova Cannabis Inc is holding an average recommendation of "Strong Buy" from 1.00 analysts according to Zacks. Currently, there are 1 buy 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..