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Closing Bell: Surge Energy Inc down on Wednesday (SGY)

Automated Summaries - The Globe and Mail - Wed Jul 24, 4:01PM CDT

In today's trading, Surge Energy Inc shares closed at $6.88 after opening the day at $7.03. prices ranged from a low of $6.85 to a high of $7.10.

The price decreased -1.99% from the previous day's close of $7.02.

Today across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

Surge Energy Inc has listed on the Toronto Stock Exchange (TSX) under the ticker SGY.

A total of 585,953 shares was traded during the last trading day, with total trades of 1,798. On average, Surge Energy Inc has traded 483,899 shares in the last five days and 434,966 year-to-date.

The TSX market on the whole today saw 1,249 price advancers against 3,959 declines and 110 unchanged.

During the prior 52 weeks, SGY.TO has traded as high as $9.77 (November 03,2023) and low as $5.89 (February 05,2024). Moreover, the shares have dipped -15.38 percent in the last year, while in 2024, they have boosted 6.17%.

It announced a 0.04 dividend on July 15/24, with an July 31/24 ex-date and August 15/24 pay day.

Following today's trading, Surge Energy Inc has a market capitalization of $706.08 million on a float of 100,581 shares outstanding. Its annual EPS is $1.62.

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

Based on 6.00 analysts, Surge Energy Inc gets an average recommendation of "Strong Buy" according to Zacks. From those 6 analysts, 6 have buy 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..