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Closing Bell: Surge Energy Inc down on Friday (SGY)

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

Today during trading, shares of Surge Energy Inc opened at $6.70 and closed at $6.38. prices ranged from $6.33 to $6.70.

Shares eased -6.59 percent from the previous day's close of $6.83.

Today 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.

Surge Energy Inc traded under SGY on the Toronto Stock Exchange (TSX).

Trading volume was 1,186,277 on 3,263 total trades, with an average volume of 855,459 over 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, SGY.TO has traded as high as $9.77 (November 03,2023) and low as $5.89 (February 05,2024). Moreover, the shares have dipped -22.48% in 52 weeks, while in 2024, they have dipped -1.54%.

It announced a 0.04 dividend on July 15/24, with an July 31/24 ex-date and August 15/24 pay day.

Following today's trading, Surge Energy Inc has a market capitalization of $640.03 million on a float of 100,318 shares outstanding. Its annual EPS is $1.62.

Surge Energy Inc is a TSX Oil & Gas E&P company headquartered in Calgary, CAN.

Based on 7.00 analysts, Surge Energy Inc gets an average recommendation of "Strong Buy" according to Zacks. From those 7 analysts, 7 have buy ratings.

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..