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

Automated Summaries - The Globe and Mail - Wed Jul 31, 4:02PM CDT

In market activity today, shares of European Residential Real Estate Invs. Trust opened at $2.69 and closed at $2.72. Intraday prices ranged from $2.69 to $2.73.

Shares gained 0.74% from the previous day's close of $2.70.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

A total of 153,692 shares was traded during the last trading day, with total trades of 112. On average, European Residential Real Estate Invs. Trust has traded 78,258 shares over the last 5-days and 74,518 year-to-date.

The TSX market on the whole today saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, ERE-UN.TO has traded as high as $2.88 (August 02,2023) and low as $2.12 (October 30,2023). Moreover, the shares have eased -3.55% in the last 52 weeks, while they have advanced 5.43% this year.

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 $247.75 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.

Based on 9.00 analysts, European Residential Real Estate Invs. Trust gets an average recommendation of "Moderate Buy" according to Zacks. Currently, there are 5 buy ratings and 4 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..