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Morguard Na Residential REIT Units(MRG-UN-T)
TSX

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Closing Bell: Morguard Na Residential REIT Units up on Wednesday (MRG-UN)

AI-generated - The Globe and Mail - Wed Nov 22, 2023

In trading today, shares of Morguard Na Residential REIT Units opened at $13.16 and closed at $13.43. prices ranged from a low of $13.08 to a high of $13.43.

Share prices advanced 2.05% from the previous day's close of $13.16.

Today across North America, the TSX Composite closed -0.67% at 20109.97, the S&P 500 closed -0.20% at 4538.19, the Dow Jones Industrial Average closed -0.18% at 35088.29 and the Nasdaq Composite closed -0.59% at 14199.98.

Morguard Na Residential REIT Units traded under MRG-UN on the Toronto Stock Exchange (TSX).

A total of 83,731 shares was traded during the session, with total trades of 305, with an average volume of 38,188 in the last five days.

The TSX market on the whole today saw 3,188 price advancers against 2,005 declines and 145 unchanged.

During the prior 52 weeks, MRG-UN.TO has traded as high as $18.97 (February 15,2023) and low as $13.08 (November 22,2023). Moreover, the shares have dipped -16.71 percent in the last 52 weeks, while they have shrunken -17.53% this year.

It announced a 0.06 dividend on November 15/23, with an November 29/23 ex-date and December 15/23 pay day.

Following today's trading, Morguard Na Residential REIT Units has a market capitalization of $496.79 million on a float of 37,750 shares outstanding. Its annual EPS is $-0.62.

Morguard Na Residential REIT Units is a TSX REIT company headquartered in Mississauga, CAN.

Morguard Na Residential REIT Units is holding an average recommendation of "Moderate Buy" from 2.00 analysts according to Zacks. Currently, there are 2 buy 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..