Closing Bell: Inovalis REIT down on Thursday (INO-UN)

Inovalis REIT opened trading today at $1.21 and closed at $1.12. Intraday prices ranged from a low of $1.12 to a high of $1.24.

The price decreased -3.45 percent from the previous day's close of $1.16.

Today across North America, the TSX Composite closed -0.54% at 22726.76, the S&P 500 closed -1.39% at 5588.27, the Dow Jones Industrial Average closed 0.59% at 41198.08 and the Nasdaq Composite closed -2.77% at 17996.92.

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

A total of 71,670 shares was traded during the last trading day, with total trades of 224, with an average volume of 109,966 in the last five days.

The TSX market on the whole today saw 1,017 price advancers against 4,222 declines and 91 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 -69.15% in the last 52 weeks, while they have reduced -34.12% year-to-date.

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 $37.81 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. From those 2 analysts, 2 analysts gave hold ratings.

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