Closing Bell: Melcor REIT down on Monday (MR-UN)
Today in trading, Melcor REIT shares closed at $4.46 after opening the day at $4.57. Intraday prices ranged from $4.35 to $4.57.
The price dipped -1.98% from the previous day's close of $4.55.
During the day across North America, the TSX Composite closed -0.25% at 19541.27, the S&P 500 closed -0.27% at 4288.05, the Dow Jones Industrial Average closed -0.47% at 33507.50 and the Nasdaq Composite closed 0.14% at 13219.32.
Melcor REIT has listed on the Toronto Stock Exchange (TSX) under the ticker MR-UN.
Trading volume was 15,850 on 41 total trades, while having an average volume of 8,699 over 5 days.
The TSX overall saw 1,121 price advancers against 4,153 declines and 106 unchanged.
During the prior 52 weeks, MR-UN.TO has traded as high as $6.15 (January 30,2023) and low as $4.35 (October 02,2023). Moreover, in the last 52 weeks, Melcor REIT's shares have dipped -22.43%, while in 2023, they have dipped -19.35%.
It announced a 0.04 dividend on September 15/23, with an September 28/23 ex-date and October 13/23 pay day.
Following today's trading, Melcor REIT has a market capitalization of $58.98 million on a float of 12,963 shares outstanding. Its annual EPS is $0.43.
Melcor REIT is a TSX REIT company headquartered in Edmonton, CAN.
Currently, Melcor REIT has an average recommendation of "Hold" based on 1.00 analysts according to Zacks. From those 1 analysts, 1 analysts gave hold 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..