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

Automated Summaries - The Globe and Mail - Mon Jul 29, 4:02PM CDT

Today in trading, Nova Cannabis Inc shares closed at $1.20 after opening the day at $1.23. It traded at a low of $1.18 to a high of $1.23.

Shares dipped -4.00 percent from the previous day's close of $1.25.

Today across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

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

Trading volume was 9,400 on 13 total trades, with an average volume of 7,130 over the last 5 days.

The TSX market on the whole today saw 1,903 price advancers against 3,356 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 130.77%, while they have raised 34.83% year-to-date.

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.

Based on 1.00 analysts, Nova Cannabis Inc gets an average recommendation of "Strong Buy" 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..