Closing Bell: Melcor REIT up on Tuesday (MR-UN)

Today during trading, Melcor REIT shares closed at $3.00 after opening the day at $2.95. Intraday prices ranged from $2.95 to $3.00.

Shares advanced 1.01 percent from the previous day's close of $2.97.

During the day across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

Melcor REIT traded under MR-UN on the Toronto Stock Exchange (TSX).

Trading volume was 23,900 on 32 total trades, with an average volume of 17,873 in the last five days.

The TSX market on the whole today saw 3,093 price advancers against 2,137 declines and 96 unchanged.

During the prior 52 weeks, MR-UN.TO has traded as high as $5.05 (January 29,2024) and low as $2.19 (March 04,2024). Moreover, in the last 52 weeks, Melcor REIT's shares have shrunken -36.97%, while this year, they have shrunken -27.71%.

It announced a 0.04 dividend on January 15/24, with an January 30/24 ex-date and February 15/24 pay day.

Following today's trading, Melcor REIT has a market capitalization of $38.50 million on a float of 12,963 shares outstanding. Its annual EPS is $-0.17.

Melcor REIT is a TSX REIT company headquartered in Edmonton, CAN.

Based on 2.00 analysts, Melcor REIT gets an average recommendation of "Hold" according to Zacks. From those 2 analysts, 2 analysts gave hold ratings.

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