Closing Bell: Diversified Royalty Corp down on Wednesday (DIV)

In market activity today, Diversified Royalty Corp stock opened at $2.75 and closed at $2.71. Intraday prices ranged from a low of $2.71 to a high of $2.75.

The price eased -1.45 percent from the previous day's close of $2.75.

During the day across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

Diversified Royalty Corp has listed on the Toronto Stock Exchange (TSX) under the ticker DIV.

Trading volume was 162,875 on 281 total trades. On average, Diversified Royalty Corp has traded 122,234 shares in the last five days and 231,348 year-to-date.

The TSX overall saw 1,249 price advancers against 3,959 declines and 110 unchanged.

During the prior 52 weeks, DIV.TO has traded as high as $2.97 (May 10,2024) and low as $2.35 (October 30,2023). Moreover, the shares have dipped -8.14% in the last 12 months, while this year, they have dipped -0.73%.

It announced a 0.02 dividend on July 03/24, with an July 15/24 ex-date and July 31/24 pay day.

Following today's trading, Diversified Royalty Corp has a market capitalization of $453.31 million on a float of 164,840 shares outstanding. Its annual EPS is $0.22.

Diversified Royalty Corp is a TSX Conglomerates company headquartered in Vancouver, CAN.

Currently, Diversified Royalty Corp's consensus rating is "Moderate Buy" based on 4 analysts according to Zacks. From those 4 analysts, 3 have buy ratings and 1 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..