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Closing Bell: CDN Apartment Un down on Wednesday (CAR-UN)

Automated Summaries - The Globe and Mail - Wed Jul 31, 4:01PM CDT

Today in trading, shares of CDN Apartment Un opened at $49.03 and closed at $48.00. Intraday prices ranged from a low of $47.96 to a high of $49.03.

Shares decreased -2.00 percent from the previous day's close of $48.98.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

CDN Apartment Un traded under CAR-UN on the Toronto Stock Exchange (TSX).

A total of 744,791 shares was traded during the session, with total trades of 2,348. On average, CDN Apartment Un has traded 371,281 shares over 5 days and 374,898 year-to-date.

The TSX overall saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, CAR-UN.TO has traded as high as $54.60 (December 14,2023) and low as $40.52 (October 27,2023). Moreover, the shares have decreased -5.90% in the last 12 months, while they have dipped -1.64% this year.

It announced a 0.12 dividend on July 15/24, with an July 31/24 ex-date and August 15/24 pay day.

Following today's trading, CDN Apartment Un has a market capitalization of $8.18 billion on a float of 167,109 shares outstanding. Its annual EPS is $-0.75.

CDN Apartment Un is a TSX REIT company headquartered in Toronto, CAN.

Currently, CDN Apartment Un's consensus rating is "Moderate Buy" based on 12 analysts according to Zacks. From those 12 analysts, 9 have buy ratings and 3 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..