Closing Bell: Melcor REIT down on Friday (MR-UN)
In market activity today, shares of Melcor REIT opened at $2.96 and closed at $2.94. It traded at a low of $2.90 to a high of $2.96.
Share prices dipped -2.00 percent from the previous day's close of $3.00.
Today 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.
Melcor REIT has listed on the Toronto Stock Exchange (TSX) under the ticker MR-UN.
A total of 28,340 shares was traded during the session, with total trades of 28, while having an average volume of 13,836 in the last five days.
The TSX overall saw 741 price advancers against 4,512 declines and 69 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 12 months, Melcor REIT's shares have shrunken -36.77 percent, while this year, they have shrunken -29.16%.
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.
Melcor REIT is holding an average recommendation of "Hold" from 2.00 analysts according to Zacks. Currently, there are 2 hold ratings for the stock.
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