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Closing Bell: Gear Energy Ltd down on Wednesday (GXE)

Automated Summaries - The Globe and Mail - Wed Jul 17, 4:01PM CDT

Today, shares of Gear Energy Ltd opened at $0.75 and closed at $0.74. It traded at a low of $0.73 to a high of $0.75.

Share prices dipped -1.33 percent from the previous day's close of $0.75.

During the day across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

Gear Energy Ltd has listed on the Toronto Stock Exchange (TSX) under the ticker GXE.

Trading volume was 1,149,538 on 168 total trades. On average, Gear Energy Ltd has traded 603,084 shares in the last five days and 403,976 year-to-date.

The TSX overall saw 2,100 price advancers against 3,108 declines and 117 unchanged.

During the prior 52 weeks, GXE.TO has traded as high as $1.04 (July 25,2023) and low as $0.60 (January 18,2024). Moreover, in the last 12 months, Gear Energy Ltd's shares have shrunken -22.11%, while this year, they have advanced 15.63%.

It announced a 0.01 dividend on July 02/24, with an July 15/24 ex-date and July 31/24 pay day.

Following today's trading, Gear Energy Ltd has a market capitalization of $197.54 million on a float of 263,385 shares outstanding. Its annual EPS is $0.03.

Gear Energy Ltd is a None company headquartered in Calgary, CAN.

Gear Energy Ltd is holding an average recommendation of "Strong Buy" from 1.00 analysts according to Zacks. Currently, there are 1 buy ratings for the stock.

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..