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Closing Bell: Interrent Real Estate Investment Trust down on Tuesday (IIP-UN)

Automated Summaries - The Globe and Mail - Tue Jul 16, 4:01PM CDT

Today during trading, Interrent Real Estate Investment Trust shares opened at $12.56 and closed at $12.49. Intraday prices ranged from $12.45 to $12.67.

The price dipped -0.08 percent from the previous day's close of $12.50.

During the day across North America, the TSX Composite closed 0.34% at 22751.68, the S&P 500 closed 0.28% at 5631.22, the Dow Jones Industrial Average closed 0.53% at 40211.72 and the Nasdaq Composite closed 0.40% at 18472.57.

Interrent Real Estate Investment Trust traded under IIP-UN on the Toronto Stock Exchange (TSX).

Trading volume was 196,913 on 1,062 total trades, while having an average volume of 223,498 over the last 5-days.

The TSX overall saw 4,226 price advancers against 1,023 declines and 82 unchanged.

During the prior 52 weeks, IIP-UN.TO has traded as high as $14.50 (February 23,2024) and low as $11.43 (October 30,2023). Moreover, the shares have eased -1.96 percent in the last year, while this year, they have eased -5.59%.

It announced a 0.03 dividend on June 18/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, Interrent Real Estate Investment Trust has a market capitalization of $1.82 billion on a float of 145,314 shares outstanding. Its annual EPS is $0.24.

Interrent Real Estate Investment Trust is a TSX REIT company headquartered in Ottawa, CAN.

Based on 11.00 analysts, Interrent Real Estate Investment Trust gets an average recommendation of "Moderate Buy" according to Zacks. Currently, there are 8 buy ratings and 3 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..