In trading today, Melcor Dev shares closed at $11.42 after opening the day at $11.54. It traded at a low of $11.40 to a high of $11.54.

Shares dipped -0.44 percent from the previous day's close of $11.47.

During the day across North America, the TSX Composite closed -0.73% at 21740.20, the S&P 500 closed -1.20% at 5061.82, the Dow Jones Industrial Average closed -0.65% at 37735.11 and the Nasdaq Composite closed -1.79% at 15885.02.

Melcor Dev traded under MRD on the Toronto Stock Exchange (TSX).

Trading volume was 4,994 on 18 total trades, while having an average volume of 4,528 over 5 days.

Trading across the entire TSX saw 1,840 price advancers against 3,375 declines and 112 unchanged.

During the prior 52 weeks, MRD.TO has traded as high as $12.32 (September 06,2023) and low as $10.65 (October 04,2023). Moreover, in the last 12 months, Melcor Dev's shares have eased -5.07 percent, while they have boosted 1.42% since the start of 2024.

It announced a 0.11 dividend on March 13/24, with an March 21/24 ex-date and March 28/24 pay day.

Following today's trading, Melcor Dev has a market capitalization of $351.70 million on a float of 30,662 shares outstanding. Its annual EPS is $2.03.

Melcor Dev is a TSX Real Estate company headquartered in Edmonton, CAN.

Based on 1.00 analysts, Melcor Dev gets an average recommendation of "Hold" according to Zacks. Currently, there are 1 hold ratings for the stock.

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..