Closing Bell: Paramount Resources Ltd down on Friday (POU)

In market activity today, shares of Paramount Resources Ltd opened at $28.05 and closed at $27.20. prices ranged from $26.36 to $28.47.

The price reduced -4.43 percent from the previous day's close of $28.46.

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.

Paramount Resources Ltd has listed on the Toronto Stock Exchange (TSX) under the ticker POU.

Trading volume was 608,588 on 3,750 total trades, while having an average volume of 339,525 in the last five days.

The TSX overall saw 432 price advancers against 4,843 declines and 43 unchanged.

During the prior 52 weeks, POU.TO has traded as high as $33.80 (October 31,2023) and low as $24.59 (February 06,2024). Moreover, the shares have shrunken -12.96% in 52 weeks, while they have gained 4.90% year-to-date.

It announced a 0.15 dividend on August 01/24, with an August 15/24 ex-date and August 30/24 pay day.

Following today's trading, Paramount Resources Ltd has a market capitalization of $3.99 billion on a float of 146,700 shares outstanding. Its annual EPS is $2.36.

Paramount Resources Ltd is a TSX Oil & Gas E&P company headquartered in Calgary, CAN.

Paramount Resources Ltd's average recommendation is "Moderate Buy" based on 8.00 analysts according to Zacks. Currently, there are 5 buy ratings and 3 hold ratings for the stock.

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