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

Today in trading, shares of Melcor REIT opened at $2.96 and closed at $2.95. It traded at a low of $2.90 to a high of $2.96.

The price raised 1.72% from the previous day's close of $2.90.

During the day across North America, the TSX Composite closed 0.20% at 22824.67, the S&P 500 closed 0.08% at 5463.54, the Dow Jones Industrial Average closed -0.12% at 40539.93 and the Nasdaq Composite closed 0.07% at 17370.20.

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

A total of 6,832 shares was traded during the last trading day, with total trades of 17, while having an average volume of 14,688 over the last 5-days.

Trading across the entire TSX saw 2,584 price advancers against 2,644 declines and 86 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, the shares have shrunken -41.12 percent in the last year, while in 2024, they have shrunken -28.92%.

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 $37.59 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 has an average recommendation of "Hold" based on 2.00 analysts according to Zacks. Currently, there are 2 hold ratings for the stock.

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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..