Closing Bell: Pine Cliff Energy Ltd down on Wednesday (PNE)

In today's trading, shares of Pine Cliff Energy Ltd opened at $0.97 and closed at $0.95. prices ranged from $0.95 to $0.97.

The price eased -2.06% from the previous day's close of $0.97.

Today across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

Pine Cliff Energy Ltd has listed on the Toronto Stock Exchange (TSX) under the ticker PNE.

A total of 90,850 shares was traded during the session, with total trades of 69, with an average volume of 214,149 over the last 5 days.

Trading across the entire TSX saw 2,100 price advancers against 3,108 declines and 117 unchanged.

During the prior 52 weeks, PNE.TO has traded as high as $1.68 (November 02,2023) and low as $0.94 (March 18,2024). Moreover, in the last 12 months, Pine Cliff Energy Ltd's shares have reduced -36.24%, while they have shrunken -29.63% year-to-date.

It announced a 0.01 dividend on July 03/24, with an July 15/24 ex-date and July 31/24 pay day.

Following today's trading, Pine Cliff Energy Ltd has a market capitalization of $346.20 million on a float of 356,913 shares outstanding. Its annual EPS is $0.01.

Pine Cliff Energy Ltd is a None company headquartered in Calgary, CAN.

Pine Cliff Energy Ltd is holding an average recommendation of "Moderate Buy" from 3.00 analysts according to Zacks. From those 3 analysts, 2 have buy ratings and 1 analysts gave hold 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..