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

In trading today, Choice Properties REIT shares closed at $12.91 after opening the day at $13.02. Intraday prices ranged from a low of $12.90 to a high of $13.09.

Shares dipped -0.31 percent from the previous day's close of $12.95.

During the day across North America, the TSX Composite closed -0.83% at 22059.03, the S&P 500 closed 0.51% at 5537.02, the Dow Jones Industrial Average closed -0.06% at 39308.00 and the Nasdaq Composite closed nasdaq_percentage_change% at 18188.30.

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

A total of 306,081 shares was traded during the session, with total trades of 994. On average, Choice Properties REIT has traded 292,800 shares over the last 5-days and 423,504 year-to-date.

The TSX overall saw 2,018 price advancers against 3,199 declines and 106 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, in the last 52 weeks, Choice Properties REIT's shares have eased -4.58 percent, while they have dipped -7.46% 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 $4.25 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.

Currently, Choice Properties REIT's consensus rating is "Moderate Buy" based on 8 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..