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

Automated Summaries - The Globe and Mail - Mon Jul 29, 4:02PM CDT

In trading today, Surge Energy Inc shares closed at $6.85 after opening the day at $6.96. Intraday prices ranged from a low of $6.76 to a high of $6.96.

Shares eased -1.30 percent from the previous day's close of $6.94.

During the day across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

Surge Energy Inc traded under SGY on the Toronto Stock Exchange (TSX).

Trading volume was 659,941 on 1,557 total trades, while having an average volume of 554,370 in the last five days.

The TSX market on the whole today saw 1,903 price advancers against 3,356 declines and 91 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, in the last 52 weeks, Surge Energy Inc's shares have dipped -16.97 percent, while they have advanced 5.71% since the start of 2024.

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 $698.03 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.

Surge Energy Inc is holding an average recommendation of "Strong Buy" from 6.00 analysts 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..