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Closing Bell: CDN Apartment Un up on Thursday (CAR-UN)

Automated Summaries - The Globe and Mail - Thu Aug 1, 4:01PM CDT

Today, CDN Apartment Un shares closed at $48.55 after opening the day at $48.33. Intraday prices ranged from $47.95 to $48.65.

Share prices gained 1.15 percent from the previous day's close of $48.00.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

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

Trading volume was 516,408 on 2,347 total trades. On average, CDN Apartment Un has traded 400,810 shares in the last five days and 375,848 year-to-date.

The TSX market on the whole today saw 907 price advancers against 4,327 declines and 72 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 dipped -4.60 percent in the last year, while they have eased -0.51% year-to-date.

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 $8.02 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.

Based on 12.00 analysts, CDN Apartment Un gets an average recommendation of "Moderate Buy" according to Zacks. Currently, there are 9 buy ratings and 3 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..