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

In today's trading, shares of Surge Energy Inc opened at $7.07 and closed at $6.83. It traded at a low of $6.76 to a high of $7.16.

Share prices decreased -2.98 percent from the previous day's close of $7.04.

Today 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.

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

A total of 696,995 shares was traded during the session, with total trades of 2,671, while having an average volume of 706,169 over 5 days.

Trading across the entire TSX saw 907 price advancers against 4,327 declines and 72 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 shrunken -17.11 percent, while they have advanced 5.40% year-to-date.

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 $684.17 million on a float of 100,318 shares outstanding. Its annual EPS is $1.62.

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

Currently, Surge Energy Inc's consensus rating is "Strong Buy" based on 6 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..