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

Today, Meg Energy Corp shares opened at $28.05 and closed at $27.91. prices ranged from $26.88 to $28.05.

The price advanced 1.49 percent from the previous day's close of $27.50.

During the day across North America, the TSX Composite closed 0.91% at 22814.81, the S&P 500 closed -0.51% at 5399.22, the Dow Jones Industrial Average closed 0.20% at 39935.07 and the Nasdaq Composite closed -0.93% at 17181.72.

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

A total of 1,191,403 shares was traded during the last trading day, with total trades of 7,713, while having an average volume of 1,194,014 over 5 days.

The TSX market on the whole today saw 3,857 price advancers against 1,325 declines and 128 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 17.32% in the last 12 months, while in 2024, they have advanced 17.91%.

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.

Meg Energy Corp is holding an average recommendation of "Moderate Buy" from 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..