Closing Bell: Minto Apartment REIT up on Monday (MI-UN)

In trading today, Minto Apartment REIT shares closed at $16.00 after opening the day at $15.88. It traded at a low of $15.75 to a high of $16.03.

The price advanced 0.63 percent from the previous day's close of $15.90.

During the day across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

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

Trading volume was 28,318 on 220 total trades, with an average volume of 114,226 over the last 5 days.

The TSX overall saw 1,903 price advancers against 3,356 declines and 91 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 8.40 percent, while in 2024, they have decreased -1.11%.

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 $634.50 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.

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..