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

Automated Summaries - The Globe and Mail - Tue Aug 6, 4:02PM CDT

In today's trading, Minto Apartment REIT shares opened at $15.36 and closed at $15.76. Intraday prices ranged from $15.25 to $15.80.

Share prices raised 1.29% from the previous day's close of $15.56.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

Trading volume was 119,669 on 789 total trades, with an average volume of 59,383 in the last five days.

The TSX overall saw 3,772 price advancers against 1,443 declines and 86 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 12 months, Minto Apartment REIT's shares have advanced 7.95 percent, while this year, they have eased -2.60%.

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 $620.93 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.

Based on 11.00 analysts, Minto Apartment REIT gets an average recommendation of "Moderate Buy" 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..