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

Automated Summaries - The Globe and Mail - Mon Jul 22, 4:02PM CDT

Today during trading, Inovalis REIT stock opened at $1.22 and closed at $1.23. Intraday prices ranged from a low of $1.17 to a high of $1.26.

Shares advanced 2.50% from the previous day's close of $1.20.

Today across North America, the TSX Composite closed 0.80% at 22872.65, the S&P 500 closed -0.71% at 5505.00, the Dow Jones Industrial Average closed -0.93% at 40287.53 and the Nasdaq Composite closed -0.81% at 17726.94.

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

Trading volume was 64,607 on 244 total trades, while having an average volume of 106,326 in the last five days.

The TSX overall saw 3,734 price advancers against 1,480 declines and 101 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 shrunken -66.02 percent, while in 2024, they have shrunken -27.65%.

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 $39.11 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..