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

In trading today, Surge Energy Inc opened at $6.95 and closed at $7.04. prices ranged from $6.71 to $7.09.

Shares advanced 3.23 percent from the previous day's close of $6.82.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

Trading volume was 1,297,777 on 3,392 total trades. On average, Surge Energy Inc has traded 685,966 shares over the last 5-days and 443,446 year-to-date.

Trading across the entire TSX saw 3,418 price advancers against 1,773 declines and 138 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 shrunken -14.67% in the last year, while they have advanced 8.64% 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 $685.96 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..