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

Automated Summaries - The Globe and Mail - Fri Jul 26, 4:01PM CDT

In market activity today, Interrent Real Estate Investment Trust shares closed at $12.80 after opening the day at $12.77. It traded at a low of $12.69 to a high of $12.84.

The price boosted 0.47 percent from the previous day's close of $12.74.

During the day across North America, the TSX Composite closed 0.91% at 22814.81, the S&P 500 closed -0.51% at 5399.22, the Dow Jones Industrial Average closed 0.20% at 39935.07 and the Nasdaq Composite closed -0.93% at 17181.72.

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

A total of 233,346 shares was traded during the session, with total trades of 1,157, with an average volume of 243,641 over 5 days.

The TSX market on the whole today saw 3,857 price advancers against 1,325 declines and 128 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 -2.88% in the last 12 months, while in 2024, they have dipped -3.25%.

It announced a 0.03 dividend on July 16/24, with an July 31/24 ex-date and August 15/24 pay day.

Following today's trading, Interrent Real Estate Investment Trust has a market capitalization of $1.85 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..