Closing Bell: Arc Resources Ltd down on Wednesday (ARX)

Arc Resources Ltd opened trading today at $23.40 and closed at $23.00. Intraday prices ranged from a low of $22.92 to a high of $23.51.

The price eased -0.82 percent from the previous day's close of $23.19.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

Arc Resources Ltd traded under ARX on the Toronto Stock Exchange (TSX).

A total of 2,014,939 shares was traded during the last trading day, with total trades of 9,838, while having an average volume of 2,188,803 in the last five days.

Trading across the entire TSX saw 1,858 price advancers against 3,319 declines and 108 unchanged.

During the prior 52 weeks, ARX.TO has traded as high as $26.17 (April 10,2024) and low as $19.02 (December 13,2023). Moreover, the shares have boosted 13.64% in the last 12 months, while they have boosted 16.93% year-to-date.

It announced a 0.17 dividend on June 17/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, Arc Resources Ltd has a market capitalization of $13.84 billion on a float of 596,700 shares outstanding. Its annual EPS is $1.93.

Arc Resources Ltd is a TSX Oil & Gas E&P company headquartered in Calgary, CAN.

Arc Resources Ltd's average recommendation is "Strong Buy" based on 11.00 analysts according to Zacks. From those 11 analysts, 10 have buy ratings and 1 analysts gave hold 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..