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

Automated Summaries - The Globe and Mail - Tue Aug 6, 4:02PM CDT

In today's trading, Surge Energy Inc shares opened at $6.35 and closed at $6.26. prices ranged from a low of $6.17 to a high of $6.35.

The price dipped -1.88% from the previous day's close of $6.38.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

Trading volume was 504,152 on 1,764 total trades, with an average volume of 824,301 over the last 5 days.

The TSX overall saw 3,772 price advancers against 1,443 declines and 86 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 -26.53 percent, while in 2024, they have shrunken -3.40%.

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 $640.03 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 7 analysts according to Zacks. From those 7 analysts, 7 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..