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

Automated Summaries - The Globe and Mail - Thu Jul 25, 4:01PM CDT

In trading today, Minto Apartment REIT shares closed at $15.90 after opening the day at $15.97. It traded at a low of $15.78 to a high of $16.01.

The price eased -0.13 percent from the previous day's close of $15.92.

Today across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

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

A total of 165,884 shares was traded during the last trading day, with total trades of 475, with an average volume of 171,780 over 5 days.

The TSX overall saw 3,490 price advancers against 1,736 declines and 92 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, the shares have advanced 3.85 percent in the last 12 months, while they have decreased -1.73% 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 $635.30 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.

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

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..