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Closing Bell: Nova Cannabis Inc up on Friday (NOVC)

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

In trading today, Nova Cannabis Inc shares opened at $1.24 and closed at $1.28. It traded at a low of $1.24 to a high of $1.30.

Share prices advanced 4.07% from the previous day's close of $1.23.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

Nova Cannabis Inc has listed on the Toronto Stock Exchange (TSX) under the ticker NOVC.

Trading volume was 35,313 on 28 total trades. On average, Nova Cannabis Inc has traded 26,424 shares in the last five days and 52,898 year-to-date.

Trading across the entire TSX saw 741 price advancers against 4,512 declines and 69 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 197.67 percent, while in 2024, they have boosted 43.82%.

Following today's trading, Nova Cannabis Inc has a market capitalization of $70.52 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's average recommendation is "Strong Buy" based on 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..