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

Inovalis REIT opened trading today at $1.07 and closed at $1.16. Intraday prices ranged from a low of $1.05 to a high of $1.19.

Share prices raised 9.43% from the previous day's close of $1.06.

Today across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

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

A total of 248,505 shares was traded during the session, with total trades of 680, while having an average volume of 102,452 over 5 days.

Trading across the entire TSX saw 2,100 price advancers against 3,108 declines and 117 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 shrunken -67.32 percent, while they have reduced -31.76% 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 $34.55 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.

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

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