Closing Bell: Meg Energy Corp up on Monday (MEG)

Meg Energy Corp opened trading today at $27.78 and closed at $27.92. prices ranged from a low of $27.66 to a high of $28.21.

Share prices advanced 0.50% from the previous day's close of $27.78.

During the day across North America, the TSX Composite closed 0.80% at 22872.65, the S&P 500 closed -0.71% at 5505.00, the Dow Jones Industrial Average closed -0.93% at 40287.53 and the Nasdaq Composite closed -0.81% at 17726.94.

Meg Energy Corp has listed on the Toronto Stock Exchange (TSX) under the ticker MEG.

Trading volume was 1,038,873 on 6,172 total trades. On average, Meg Energy Corp has traded 1,317,172 shares in the last five days and 1,719,493 year-to-date.

The TSX market on the whole today saw 3,734 price advancers against 1,480 declines and 101 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 boosted 20.09% in 52 weeks, while they have boosted 17.96% since the start of 2024.

Following today's trading, Meg Energy Corp has a market capitalization of $7.57 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.

Based on 12.00 analysts, Meg Energy Corp gets an average recommendation of "Moderate Buy" 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..