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

Automated Summaries - The Globe and Mail - Mon Jul 15, 4:01PM CDT

Today, Inovalis REIT shares closed at $1.03 after opening the day at $1.04. It traded at a low of $1.00 to a high of $1.06.

Shares boosted 1.98 percent from the previous day's close of $1.01.

Today across North America, the TSX Composite closed 0.57% at 22673.52, the S&P 500 closed 0.55% at 5615.35, the Dow Jones Industrial Average closed 0.62% at 40000.90 and the Nasdaq Composite closed 0.63% at 18398.45.

Inovalis REIT traded under INO-UN on the Toronto Stock Exchange (TSX).

Trading volume was 106,466 on 205 total trades, while having an average volume of 56,353 in the last five days.

Trading across the entire TSX saw 3,258 price advancers against 1,978 declines and 100 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 12 months, Inovalis REIT's shares have plummeted -70.32%, while in 2024, they have shrunken -39.41%.

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 $32.92 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.

Currently, Inovalis REIT has an average recommendation of "Hold" based on 2.00 analysts according to Zacks. From those 2 analysts, 2 analysts gave hold ratings.

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..