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

Automated Summaries - The Globe and Mail - Tue Jul 23, 4:02PM CDT

Inovalis REIT opened trading today at $1.20 and closed at $1.20. Intraday prices ranged from $1.19 to $1.25.

Shares dipped -2.44% from the previous day's close of $1.23.

Today across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

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

A total of 17,637 shares was traded during the last trading day, with total trades of 98, with an average volume of 92,527 in the last five days.

Trading across the entire TSX saw 3,093 price advancers against 2,137 declines and 96 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 -66.85% in 52 weeks, while in 2024, they have reduced -29.41%.

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 $40.09 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. 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..