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

In today's trading, Meg Energy Corp shares closed at $27.33 after opening the day at $27.63. It traded at a low of $27.30 to a high of $27.86.

Share prices dipped -0.62 percent from the previous day's close of $27.50.

During the day across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

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

A total of 857,296 shares was traded during the session, with total trades of 5,672. On average, Meg Energy Corp has traded 1,206,806 shares over 5 days and 1,711,846 year-to-date.

Trading across the entire TSX saw 1,249 price advancers against 3,959 declines and 110 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 advanced 16.45 percent in the last 12 months, while they have advanced 15.46% this year.

Following today's trading, Meg Energy Corp has a market capitalization of $7.50 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. From those 12 analysts, 4 have buy ratings and 8 analysts gave hold ratings.

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..