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

In market activity today, shares of Minto Apartment REIT opened at $15.95 and closed at $15.81. It traded at a low of $15.70 to a high of $15.95.

The price dipped -0.25% from the previous day's close of $15.85.

Today across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

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

A total of 18,348 shares was traded during the session, with total trades of 139, while having an average volume of 34,920 in the last five days.

Trading across the entire TSX saw 907 price advancers against 4,327 declines and 72 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 6.46 percent in the last 12 months, while they have eased -2.29% year-to-date.

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 $632.51 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 has an average recommendation of "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..