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

Automated Summaries - The Globe and Mail - Tue Jul 23, 4:02PM CDT

In today's trading, shares of Nova Cannabis Inc opened at $1.19 and closed at $1.22. Intraday prices ranged from a low of $1.19 to a high of $1.24.

Share prices dipped -3.17% from the previous day's close of $1.26.

During the day across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

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

A total of 5,548 shares was traded during the session, with total trades of 15, with an average volume of 13,858 over the last 5 days.

Trading across the entire TSX saw 3,093 price advancers against 2,137 declines and 96 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 134.62%, while in 2024, they have soared 37.08%.

Following today's trading, Nova Cannabis Inc has a market capitalization of $72.24 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. From those 1 analysts, 1 have buy 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..