Closing Bell: Melcor REIT down on Monday (MR-UN)

Today, Melcor REIT shares closed at $2.90 after opening the day at $2.82. Intraday prices ranged from a low of $2.82 to a high of $3.00.

Shares shrank -3.33% from the previous day's close of $3.00.

Today across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

Melcor REIT has listed on the Toronto Stock Exchange (TSX) under the ticker MR-UN.

A total of 16,801 shares was traded during the session, with total trades of 28, with an average volume of 18,102 over 5 days.

The TSX overall saw 1,903 price advancers against 3,356 declines and 91 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 -42.12 percent, while this year, they have shrunken -30.12%.

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 $38.89 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.

Currently, Melcor REIT's consensus rating is "Hold" based on 2 analysts according to Zacks. Currently, there are 2 hold ratings for the stock.

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