Closing Bell: Meg Energy Corp down on Thursday (MEG)

Today in trading, Meg Energy Corp opened at $28.32 and closed at $28.37. Intraday prices ranged from $28.05 to $28.57.

The price dipped -0.18% from the previous day's close of $28.42.

Today across North America, the TSX Composite closed -0.54% at 22726.76, the S&P 500 closed -1.39% at 5588.27, the Dow Jones Industrial Average closed 0.59% at 41198.08 and the Nasdaq Composite closed -2.77% at 17996.92.

Meg Energy Corp traded under MEG on the Toronto Stock Exchange (TSX).

Trading volume was 1,400,689 on 7,125 total trades. On average, Meg Energy Corp has traded 1,473,838 shares over the last 5-days and 1,727,833 year-to-date.

The TSX market on the whole today saw 1,017 price advancers against 4,222 declines and 91 unchanged.

During the prior 52 weeks, MEG.TO has traded as high as $33.70 (April 10,2024) and low as $22.59 (August 24,2023). Moreover, the shares have raised 21.66 percent in the last 52 weeks, while this year, they have gained 19.86%.

Following today's trading, Meg Energy Corp has a market capitalization of $7.75 billion on a float of 272,604 shares outstanding. Its annual EPS is $2.06.

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

Currently, Meg Energy Corp's consensus rating is "Moderate Buy" based on 12 analysts according to Zacks. Currently, there are 4 buy ratings and 8 hold 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..