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

Choice Properties REIT opened trading today at $12.93 and closed at $12.72. prices ranged from $12.68 to $12.93.

Shares dipped -1.85% from the previous day's close of $12.96.

During the day across North America, the TSX Composite closed -0.28% at 21788.48, the S&P 500 closed -0.31% at 5447.87, the Dow Jones Industrial Average closed 0.67% at 39411.21 and the Nasdaq Composite closed -1.09% at 17496.82.

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

A total of 294,720 shares was traded during the last trading day, with total trades of 1,464. On average, Choice Properties REIT has traded 696,227 shares over the last 5-days and 429,816 year-to-date.

Trading across the entire TSX saw 1,735 price advancers against 3,477 declines and 116 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 decreased -3.12 percent in 52 weeks, while in 2024, they have dipped -8.82%.

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 $4.25 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.

Choice Properties REIT is holding an average recommendation of "Moderate Buy" from 8.00 analysts according to Zacks. Currently, there are 6 buy ratings and 2 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..