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

In trading today, shares of Inovalis REIT opened at $1.03 and closed at $1.06. It traded at a low of $1.03 to a high of $1.08.

Shares raised 2.91 percent from the previous day's close of $1.03.

During the day across North America, the TSX Composite closed 0.34% at 22751.68, the S&P 500 closed 0.28% at 5631.22, the Dow Jones Industrial Average closed 0.53% at 40211.72 and the Nasdaq Composite closed 0.40% at 18472.57.

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

Trading volume was 86,637 on 279 total trades. On average, Inovalis REIT has traded 60,511 shares in the last five days and 42,415 year-to-date.

The TSX market on the whole today saw 4,226 price advancers against 1,023 declines and 82 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, the shares have shrunken -69.45% in the last 52 weeks, while they have reduced -37.65% since the start of 2024.

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 $33.57 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's consensus rating is "Hold" based on 2 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..