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

Automated Summaries - The Globe and Mail - Tue Jul 30, 4:02PM CDT

In today's trading, Inovalis REIT opened at $1.20 and closed at $1.30. It traded at a low of $1.20 to a high of $1.35.

Share prices advanced 8.33% from the previous day's close of $1.20.

Today across North America, the TSX Composite closed 0.20% at 22824.67, the S&P 500 closed 0.08% at 5463.54, the Dow Jones Industrial Average closed -0.12% at 40539.93 and the Nasdaq Composite closed 0.07% at 17370.20.

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

Trading volume was 408,580 on 398 total trades, while having an average volume of 124,265 over the last 5-days.

The TSX overall saw 2,584 price advancers against 2,644 declines and 86 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 shrunken -65.05 percent in 52 weeks, while in 2024, they have dipped -23.53%.

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.

Inovalis REIT's average recommendation is "Hold" based on 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..