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

In today's trading, Inovalis REIT opened at $1.25 and closed at $1.31. Intraday prices ranged from a low of $1.25 to a high of $1.34.

The price boosted 4.80% from the previous day's close of $1.25.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

Trading volume was 79,000 on 199 total trades. On average, Inovalis REIT has traded 113,762 shares over 5 days and 46,870 year-to-date.

The TSX market on the whole today saw 432 price advancers against 4,843 declines and 43 unchanged.

During the prior 52 weeks, INO-UN.TO has traded as high as $3.72 (August 04,2023) and low as $0.69 (November 14,2023). Moreover, in the last 12 months, Inovalis REIT's shares have shrunken -64.11 percent, while they have shrunken -22.94% year-to-date.

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 $42.70 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.

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