Closing Bell: European Residential Real Estate Invs. Trust up on Wednesday (ERE-UN)

European Residential Real Estate Invs. Trust opened trading today at $2.69 and closed at $2.70. Intraday prices ranged from $2.68 to $2.72.

Shares advanced 0.37% from the previous day's close of $2.69.

During the day across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

European Residential Real Estate Invs. Trust traded under ERE-UN on the Toronto Stock Exchange (TSX).

Trading volume was 103,387 on 132 total trades, with an average volume of 421,717 over 5 days.

The TSX overall saw 2,100 price advancers against 3,108 declines and 117 unchanged.

During the prior 52 weeks, ERE-UN.TO has traded as high as $2.92 (July 26,2023) and low as $2.12 (October 30,2023). Moreover, in the last 12 months, European Residential Real Estate Invs. Trust's shares have eased -5.59%, while in 2024, they have raised 4.65%.

It announced a 0.01 dividend on July 15/24, with an July 31/24 ex-date and January 01/70 pay day.

Following today's trading, European Residential Real Estate Invs. Trust has a market capitalization of $246.84 million on a float of 91,760 shares outstanding. Its annual EPS is $0.06.

European Residential Real Estate Invs. Trust is a TSX REIT company headquartered in Toronto, CAN.

European Residential Real Estate Invs. Trust is holding an average recommendation of "Moderate Buy" from 8.00 analysts according to Zacks. From those 8 analysts, 3 have buy ratings and 5 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..