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Closing Bell: Surge Energy Inc up on Wednesday (SGY)

Automated Summaries - The Globe and Mail - Wed Aug 7, 4:01PM CDT

Today in trading, Surge Energy Inc shares opened at $6.39 and closed at $6.35. It traded at a low of $6.33 to a high of $6.44.

Shares advanced 1.44 percent from the previous day's close of $6.26.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

A total of 493,038 shares was traded during the session, with total trades of 2,007. On average, Surge Energy Inc has traded 835,648 shares in the last five days and 450,727 year-to-date.

The TSX overall saw 1,858 price advancers against 3,319 declines and 108 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, in the last 12 months, Surge Energy Inc's shares have dipped -25.47%, while they have dipped -2.01% year-to-date.

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 $627.99 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.

Currently, Surge Energy Inc's consensus rating is "Strong Buy" based on 7 analysts 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..