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

Today in trading, Reconnaissance Energy Africa Ltd shares closed at $1.07 after opening the day at $1.14. prices ranged from $1.06 to $1.14.

The price decreased -2.73% from the previous day's close of $1.10.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

Trading volume was 304,474 on 311 total trades, with an average volume of 543,783 over 5 days.

Trading across the entire TSX-V saw 1,858 price advancers against 3,319 declines and 108 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 -37.06% in the last year, while they have advanced 1.90% year-to-date.

Following today's trading, Reconnaissance Energy Africa Ltd has a market capitalization of $291.24 million on a float of 264,763 shares outstanding. Its annual EPS is $0.20.

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

Reconnaissance Energy Africa Ltd is holding an average recommendation of "Strong Sell" from 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..