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

In market activity today, Minto Apartment REIT shares closed at $15.85 after opening the day at $15.88. Intraday prices ranged from $15.70 to $15.88.

The price dipped -0.69% from the previous day's close of $15.96.

Today 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.

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

A total of 46,004 shares was traded during the last trading day, with total trades of 283. On average, Minto Apartment REIT has traded 64,427 shares over the last 5-days and 84,234 year-to-date.

Trading across the entire TSX saw 3,418 price advancers against 1,773 declines and 138 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 raised 7.38% in 52 weeks, while they have eased -2.04% 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 $636.90 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. Currently, there are 9 buy ratings and 2 hold ratings for the stock.

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..