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

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

Surge Energy Inc opened trading today at $6.70 and closed at $6.38. prices ranged from $6.33 to $6.70.

Shares eased -6.59% from the previous day's close of $6.83.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

Trading volume was 1,186,277 on 3,263 total trades, while having an average volume of 855,459 over 5 days.

The TSX overall saw 741 price advancers against 4,512 declines and 69 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 12 months, Surge Energy Inc's shares have shrunken -22.48 percent, while this year, they have eased -1.54%.

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 $685.17 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.

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.

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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..