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

In market activity today, Nova Cannabis Inc stock opened at $1.21 and closed at $1.25. It traded at a low of $1.21 to a high of $1.26.

Share prices dipped -2.34 percent from the previous day's close of $1.28.

During the day 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.

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

A total of 32,353 shares was traded during the session, with total trades of 24, while having an average volume of 31,014 over 5 days.

Trading across the entire TSX saw 3,772 price advancers against 1,443 declines and 86 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 12 months, Nova Cannabis Inc's shares have risen 177.78%, while they have raised 40.45% year-to-date.

Following today's trading, Nova Cannabis Inc has a market capitalization of $79.47 million on a float of 62,082 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. 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..