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

Minto Apartment REIT opened trading today at $15.62 and closed at $15.56. Intraday prices ranged from $15.38 to $15.65.

The price eased -1.58% from the previous day's close of $15.81.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

A total of 83,291 shares was traded during the session, with total trades of 396, with an average volume of 41,113 over 5 days.

Trading across the entire TSX saw 741 price advancers against 4,512 declines and 69 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 gained 6.14%, while they have eased -3.83% this year.

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 $630.91 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.

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