Closing Bell: Reconnaissance Energy Africa Ltd down on Thursday (RECO)

In today's trading, Reconnaissance Energy Africa Ltd stock opened at $1.07 and closed at $1.02. prices ranged from $1.00 to $1.07.

Share prices eased -3.30 percent from the previous day's close of $1.06.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

Reconnaissance Energy Africa Ltd traded under RECO on the Toronto Venture Exchange (TSX-V).

Trading volume was 750,265 on 307 total trades, while having an average volume of 559,740 over the last 5-days.

The TSX-V market on the whole today saw 907 price advancers against 4,327 declines and 72 unchanged.

During the prior 52 weeks, RECO.VN has traded as high as $1.87 (July 08,2024) and low as $0.76 (April 17,2024). Moreover, the shares have shrunken -29.79 percent in the last 12 months, while they have dipped -2.38% since the start of 2024.

Following today's trading, Reconnaissance Energy Africa Ltd has a market capitalization of $250.19 million on a float of 233,819 shares outstanding. Its annual EPS is $0.20.

Reconnaissance Energy Africa Ltd is a TSX Oil & Gas E&P company headquartered in Vancouver, CAN.

Currently, Reconnaissance Energy Africa Ltd has an average recommendation of "Strong Sell" based on 0.00 analysts according to Zacks. Currently, there are 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..