Closing Bell: Choice Properties REIT down on Friday (CHP-UN)

In market activity today, shares of Choice Properties REIT opened at $12.50 and closed at $12.48. Intraday prices ranged from $12.45 to $12.70.

The price dipped -0.64% from the previous day's close of $12.56.

During the day across North America, the TSX Composite closed -0.12% at 21554.86, the S&P 500 closed -0.25% at 5473.17, the Dow Jones Industrial Average closed 0.77% at 39134.76 and the Nasdaq Composite closed -0.79% at 17721.59.

Choice Properties REIT has listed on the Toronto Stock Exchange (TSX) under the ticker CHP-UN.

A total of 1,883,319 shares was traded during the session, with total trades of 3,601, with an average volume of 726,226 in the last five days.

The TSX overall saw 2,578 price advancers against 2,634 declines and 115 unchanged.

During the prior 52 weeks, CHP-UN.TO has traded as high as $14.46 (January 25,2024) and low as $11.79 (October 30,2023). Moreover, the shares have dipped -5.88 percent in the last year, while they have reduced -10.54% since the start of 2024.

It announced a 0.06 dividend on June 13/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, Choice Properties REIT has a market capitalization of $4.12 billion on a float of 327,860 shares outstanding. Its annual EPS is $0.92.

Choice Properties REIT is a TSX REIT company headquartered in Toronto, CAN.

Currently, Choice Properties REIT has an average recommendation of "Moderate Buy" based on 8.00 analysts according to Zacks. From those 8 analysts, 6 have buy ratings and 2 analysts gave hold ratings.

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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..