Progress(BN) Strathcona Resources Advances 6.2%, Most in at Least 15 Weeks
Strathcona Resources Advances 6.2%, Most in at Least 15 Weeks
2024-01-18 14:31:13.48 GMT
Strathcona Resources Ltd. rose 6.2%.
* The shares increased to C$24.45, higher than any close since
Nov. 6, from C$23.02.
* The stock was the best performer among its peers.
* The Canada S&P/TSX rose 0.2%.
Market Metrics
* Trading volume was 2,194 shares, 99% above the 20-day average
of 1,105 shares for this time of day.
* Of shares that were traded, 57% were at the ask price and 14%
were at the bid.
Market Insights
* Stock declined 20% in the past 52 weeks. The Canada S&P/TSX
gained 1.7%.
* The shares are up 6.4% in the past five days and rose 7.4% in
the past 30 days.
* Short interest was equal to 4.3 days of average trading
volume. In the previous two years, the short-interest ratio
ranged from 4.3 days to 12 days. Shares sold short amount to
2.9% of float.
Analyst Activity
* Analysts have two buy, four hold, and no sell recommendations
on the stock.
* The consensus rating is 3.7, on a 1-5 scale with 1 meaning
strong sell and 5 meaning strong buy.
* The price target of C$29.83 represents a 22% increase from the
last price