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

Automated Summaries - The Globe and Mail - Fri Jul 19, 4:01PM CDT

In trading today, shares of Inovalis REIT opened at $1.14 and closed at $1.20. prices ranged from $1.13 to $1.22.

The price boosted 7.14% from the previous day's close of $1.12.

During the day across North America, the TSX Composite closed -0.16% at 22690.39, the S&P 500 closed -0.78% at 5544.59, the Dow Jones Industrial Average closed -1.29% at 40665.02 and the Nasdaq Composite closed -0.70% at 17871.22.

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

Trading volume was 60,215 on 259 total trades, with an average volume of 114,698 in the last five days.

Trading across the entire TSX saw 1,821 price advancers against 3,352 declines and 121 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 -67.03 percent, while they have shrunken -29.41% 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 $36.51 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.

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..