Closing Bell: Minto Apartment REIT down on Wednesday (MI-UN)

In market activity today, shares of Minto Apartment REIT opened at $16.17 and closed at $15.92. Intraday prices ranged from $15.84 to $16.42.

Shares decreased -1.12 percent from the previous day's close of $16.10.

Today across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

Minto Apartment REIT has listed on the Toronto Stock Exchange (TSX) under the ticker MI-UN.

A total of 245,803 shares was traded during the last trading day, with total trades of 720. On average, Minto Apartment REIT has traded 144,412 shares over 5 days and 84,927 year-to-date.

The TSX market on the whole today saw 1,249 price advancers against 3,959 declines and 110 unchanged.

During the prior 52 weeks, MI-UN.TO has traded as high as $17.89 (March 07,2024) and low as $12.81 (October 26,2023). Moreover, in the last 52 weeks, Minto Apartment REIT's shares have advanced 3.71 percent, while they have dipped -1.61% since the start of 2024.

It announced a 0.04 dividend on July 15/24, with an July 31/24 ex-date and August 15/24 pay day.

Following today's trading, Minto Apartment REIT has a market capitalization of $642.48 million on a float of 39,906 shares outstanding. Its annual EPS is $-2.79.

Minto Apartment REIT is a TSX REIT company headquartered in Ottawa, CAN.

Minto Apartment REIT's average recommendation is "Moderate Buy" based on 11.00 analysts according to Zacks. From those 11 analysts, 9 have buy ratings and 2 analysts gave hold ratings.

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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..