Closing Bell: Precision Drilling Corp up on Wednesday (PD)

Precision Drilling Corp opened trading today at $103.00 and closed at $106.22. Intraday prices ranged from $103.00 to $109.20.

The price boosted 6.82% from the previous day's close of $99.44.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

Precision Drilling Corp has listed on the Toronto Stock Exchange (TSX) under the ticker PD.

Trading volume was 291,762 on 2,180 total trades, while having an average volume of 118,674 over 5 days.

The TSX market on the whole today saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, PD.TO has traded as high as $109.20 (July 31,2024) and low as $67.46 (December 13,2023). Moreover, the shares have advanced 21.64% in 52 weeks, while this year, they have advanced 47.61%.

It announced a 1.40 dividend on October 22/15, with an November 04/15 ex-date and November 18/15 pay day.

Following today's trading, Precision Drilling Corp has a market capitalization of $1.40 billion on a float of 14,109 shares outstanding. Its annual EPS is $16.49.

Precision Drilling Corp is a TSX Oil & Gas Drilling company headquartered in Calgary, CAN.

Based on 9.00 analysts, Precision Drilling Corp gets an average recommendation of "Strong Buy" according to Zacks. Currently, there are 8 buy ratings and 1 hold 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..