Closing Bell: Pine Cliff Energy Ltd up on Thursday (PNE)

Today in trading, Pine Cliff Energy Ltd shares opened at $0.91 and closed at $0.91. It traded at a low of $0.86 to a high of $0.92.

The price advanced 2.25 percent from the previous day's close of $0.89.

During the day across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

Pine Cliff Energy Ltd traded under PNE on the Toronto Stock Exchange (TSX).

Trading volume was 335,799 on 225 total trades. On average, Pine Cliff Energy Ltd has traded 183,652 shares over 5 days and 297,626 year-to-date.

The TSX market on the whole today saw 3,490 price advancers against 1,736 declines and 92 unchanged.

During the prior 52 weeks, PNE.TO has traded as high as $1.68 (November 02,2023) and low as $0.86 (July 25,2024). Moreover, the shares have shrunken -40.91 percent in the last 52 weeks, while they have dipped -32.59% 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 $317.65 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.

Based on 3.00 analysts, Pine Cliff Energy Ltd gets an average recommendation of "Moderate Buy" according to Zacks. Currently, there are 2 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..