Closing Bell: Inovalis REIT up on Wednesday (INO-UN)

Today, Inovalis REIT shares closed at $1.02 after opening the day at $0.92. prices ranged from $0.92 to $1.05.

Shares advanced 2.00 percent from the previous day's close of $1.00.

Today across North America, the TSX Composite closed 1.40% at 22350.23, the S&P 500 closed 0.07% at 5576.98, the Dow Jones Industrial Average closed -0.13% at 39291.97 and the Nasdaq Composite closed 0.14% at 18429.29.

Inovalis REIT has listed on the Toronto Stock Exchange (TSX) under the ticker INO-UN.

A total of 38,798 shares was traded during the last trading day, with total trades of 172. On average, Inovalis REIT has traded 48,535 shares over the last 5-days and 41,707 year-to-date.

The TSX overall saw 3,274 price advancers against 1,962 declines and 102 unchanged.

During the prior 52 weeks, INO-UN.TO has traded as high as $3.95 (July 26,2023) and low as $0.69 (November 14,2023). Moreover, in the last 52 weeks, Inovalis REIT's shares have plummeted -69.55%, while they have shrunken -40.00% this year.

It announced a 0.03 dividend on August 09/23, with an October 30/23 ex-date and November 15/23 pay day.

Following today's trading, Inovalis REIT has a market capitalization of $32.59 million on a float of 32,595 shares outstanding. Its annual EPS is $-1.38.

Inovalis REIT is a TSX REIT company headquartered in Toronto, CAN.

Based on 2.00 analysts, Inovalis REIT gets an average recommendation of "Hold" according to Zacks. Currently, there are 2 hold ratings for the stock.

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