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

In market activity today, Inovalis REIT stock opened at $1.25 and closed at $1.25. Intraday prices ranged from a low of $1.25 to a high of $1.28.

Share prices eased -3.85 percent from the previous day's close of $1.30.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

Trading volume was 40,851 on 123 total trades, with an average volume of 118,835 over 5 days.

The TSX market on the whole today saw 3,418 price advancers against 1,773 declines and 138 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, in the last 52 weeks, Inovalis REIT's shares have plummeted -66.40%, while they have reduced -26.47% 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 $42.37 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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