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

Today in trading, Meg Energy Corp shares opened at $27.33 and closed at $27.50. prices ranged from $26.79 to $27.63.

The price advanced 0.62 percent from the previous day's close of $27.33.

During the day across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

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

A total of 1,488,534 shares was traded during the session, with total trades of 9,207, with an average volume of 1,224,375 over 5 days.

The TSX overall saw 3,490 price advancers against 1,736 declines and 92 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, in the last 12 months, Meg Energy Corp's shares have advanced 15.69 percent, while they have advanced 16.18% this year.

Following today's trading, Meg Energy Corp has a market capitalization of $7.45 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.

Meg Energy Corp's average recommendation is "Moderate Buy" based on 12.00 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..