Closing Bell: Parex Resources Inc down on Tuesday (PXT)

In trading today, Parex Resources Inc opened at $20.68 and closed at $20.41. prices ranged from $20.24 to $20.81.

Share prices eased -1.50 percent from the previous day's close of $20.72.

During the day across North America, the TSX Composite closed 0.20% at 22824.67, the S&P 500 closed 0.08% at 5463.54, the Dow Jones Industrial Average closed -0.12% at 40539.93 and the Nasdaq Composite closed 0.07% at 17370.20.

Parex Resources Inc traded under PXT on the Toronto Stock Exchange (TSX).

A total of 780,302 shares was traded during the session, with total trades of 3,538. On average, Parex Resources Inc has traded 487,237 shares over the last 5-days and 525,349 year-to-date.

Trading across the entire TSX saw 2,584 price advancers against 2,644 declines and 86 unchanged.

During the prior 52 weeks, PXT.TO has traded as high as $29.42 (August 01,2023) and low as $20.08 (July 25,2024). Moreover, the shares have shrunken -27.65 percent in 52 weeks, while this year, they have shrunken -18.20%.

It announced a 0.39 dividend on May 08/24, with an June 10/24 ex-date and June 17/24 pay day.

Following today's trading, Parex Resources Inc has a market capitalization of $2.12 billion on a float of 102,194 shares outstanding. Its annual EPS is $3.94.

Parex Resources Inc is a TSX Oil & Gas E&P company headquartered in Calgary, CAN.

Parex Resources Inc is holding an average recommendation of "Moderate Buy" from 6.00 analysts according to Zacks. Currently, there are 3 buy ratings and 3 hold ratings for the stock.

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