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Closing Bell: Pine Cliff Energy Ltd up on Friday (PNE)

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

In trading today, Pine Cliff Energy Ltd shares closed at $0.90 after opening the day at $0.89. It traded at a low of $0.85 to a high of $0.90.

Shares boosted 1.12 percent from the previous day's close of $0.89.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

Pine Cliff Energy Ltd traded under PNE on the Toronto Stock Exchange (TSX).

A total of 195,403 shares was traded during the last trading day, with total trades of 114, while having an average volume of 161,342 over 5 days.

The TSX market on the whole today saw 741 price advancers against 4,512 declines and 69 unchanged.

During the prior 52 weeks, PNE.TO has traded as high as $1.68 (November 02,2023) and low as $0.85 (August 02,2024). Moreover, in the last 12 months, Pine Cliff Energy Ltd's shares have shrunken -41.56 percent, while in 2024, they have shrunken -33.33%.

It announced a 0.01 dividend on July 03/24, with an July 15/24 ex-date and July 31/24 pay day.

Following today's trading, Pine Cliff Energy Ltd has a market capitalization of $317.65 million on a float of 356,913 shares outstanding. Its annual EPS is $0.01.

Pine Cliff Energy Ltd is a None company headquartered in Calgary, CAN.

Currently, Pine Cliff Energy Ltd's consensus rating is "Moderate Buy" based on 3 analysts according to Zacks. Currently, there are 2 buy ratings and 1 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..