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

Today during trading, Inovalis REIT shares opened at $1.23 and closed at $1.20. prices ranged from $1.20 to $1.24.

Shares dipped -4.00 percent from the previous day's close of $1.25.

Today across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

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

Trading volume was 24,505 on 145 total trades, while having an average volume of 46,076 in the last five days.

The TSX market on the whole today saw 1,903 price advancers against 3,356 declines and 91 unchanged.

During the prior 52 weeks, INO-UN.TO has traded as high as $3.73 (July 31,2023) and low as $0.69 (November 14,2023). Moreover, the shares have reduced -67.74% in the last 12 months, while they have shrunken -29.41% 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 $40.74 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. Currently, there are 2 hold ratings for the stock.

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