Closing Bell: Melcor Dev down on Tuesday (MRD)

Melcor Dev opened trading today at $11.70 and closed at $11.63. Intraday prices ranged from $11.63 to $11.75.

Share prices dipped -0.85% from the previous day's close of $11.73.

Today across North America, the TSX Composite closed 0.34% at 22751.68, the S&P 500 closed 0.28% at 5631.22, the Dow Jones Industrial Average closed 0.53% at 40211.72 and the Nasdaq Composite closed 0.40% at 18472.57.

Melcor Dev has listed on the Toronto Stock Exchange (TSX) under the ticker MRD.

A total of 4,946 shares was traded during the last trading day, with total trades of 25, with an average volume of 2,365 over 5 days.

The TSX market on the whole today saw 4,226 price advancers against 1,023 declines and 82 unchanged.

During the prior 52 weeks, MRD.TO has traded as high as $12.32 (September 06,2023) and low as $10.65 (October 04,2023). Moreover, the shares have gained 2.47 percent in the last year, while this year, they have climbed 3.29%.

It announced a 0.11 dividend on May 14/24, with an June 14/24 ex-date and June 28/24 pay day.

Following today's trading, Melcor Dev has a market capitalization of $358.67 million on a float of 30,577 shares outstanding. Its annual EPS is $2.38.

Melcor Dev is a TSX Real Estate company headquartered in Edmonton, CAN.

Currently, Melcor Dev's consensus rating is "Hold" based on 1 analysts according to Zacks. Currently, there are 1 hold ratings for the stock.

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..