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Closing Bell: Precision Drilling Corp down on Friday (PD)

Automated Summaries - The Globe and Mail - Mon Aug 5, 4:01PM CDT

In market activity today, Precision Drilling Corp shares closed at $96.43 after opening the day at $102.66. Intraday prices ranged from a low of $95.50 to a high of $102.66.

The price eased -7.13% from the previous day's close of $103.83.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

Precision Drilling Corp has listed on the Toronto Stock Exchange (TSX) under the ticker PD.

Trading volume was 150,903 on 1,306 total trades, with an average volume of 135,156 over the last 5 days.

The TSX market on the whole today saw 432 price advancers against 4,843 declines and 43 unchanged.

During the prior 52 weeks, PD.TO has traded as high as $109.20 (July 31,2024) and low as $67.46 (December 13,2023). Moreover, the shares have boosted 11.13% in the last 52 weeks, while this year, they have soared 34.01%.

It announced a 1.40 dividend on October 22/15, with an November 04/15 ex-date and November 18/15 pay day.

Following today's trading, Precision Drilling Corp has a market capitalization of $1.37 billion on a float of 14,238 shares outstanding. Its annual EPS is $16.02.

Precision Drilling Corp is a TSX Oil & Gas Drilling company headquartered in Calgary, CAN.

Precision Drilling Corp's average recommendation is "Strong Buy" based on 9.00 analysts according to Zacks. From those 9 analysts, 8 have buy ratings and 1 analysts gave hold ratings.

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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..