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

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

Interrent Real Estate Investment Trust opened trading today at $12.58 and closed at $12.51. Intraday prices ranged from a low of $12.40 to a high of $12.77.

Shares reduced -1.50 percent from the previous day's close of $12.70.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

A total of 316,020 shares was traded during the session, with total trades of 1,474, with an average volume of 311,630 over the last 5 days.

The TSX overall saw 741 price advancers against 4,512 declines and 69 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, in the last 12 months, Interrent Real Estate Investment Trust's shares have eased -1.11 percent, while they have dipped -5.44% this year.

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.

Currently, Interrent Real Estate Investment Trust's consensus rating is "Moderate Buy" based on 11 analysts 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..