Stock Drops 3.8% as it Trades Below $9.17
On Tuesday, trading saw Innergex Renewable Energy Inc (TSX: INE.TO) shares dip below their 200-day moving average of $9.17, reaching as low as $9.12. Currently, Innergex’s shares are down about 3.8% for the day. The accompanying chart details INE’s one-year performance compared to its 200-day moving average:
Within the 52-week range, INE’s lowest price stands at $7.05 per share, while its highest point is $10.955. The latest trade at $9.12 reflects these trading dynamics.
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
