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Closing Bell: Interrent Real Estate Investment Trust up on Wednesday (IIP-UN)

Automated Summaries - The Globe and Mail - Wed Jul 17, 4:01PM CDT

In market activity today, shares of Interrent Real Estate Investment Trust opened at $12.43 and closed at $12.54. Intraday prices ranged from a low of $12.43 to a high of $12.59.

Share prices gained 0.40 percent from the previous day's close of $12.49.

Today 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.

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

A total of 205,538 shares was traded during the session, with total trades of 1,091. On average, Interrent Real Estate Investment Trust has traded 228,497 shares over the last 5-days and 348,750 year-to-date.

Trading across the entire TSX saw 2,100 price advancers against 3,108 declines and 117 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 decreased -1.65 percent in the last year, while they have decreased -5.22% this year.

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 $1.81 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..