Closing Bell: Melcor Dev up on Wednesday (MRD)

In today's trading, Melcor Dev shares closed at $11.64 after opening the day at $11.65. prices ranged from a low of $11.58 to a high of $11.70.

The price boosted 0.09 percent from the previous day's close of $11.63.

During the day across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

Melcor Dev traded under MRD on the Toronto Stock Exchange (TSX).

A total of 8,267 shares was traded during the last trading day, with total trades of 20, with an average volume of 3,826 over the last 5 days.

Trading across the entire TSX saw 2,100 price advancers against 3,108 declines and 117 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 advanced 1.48 percent in the last year, while they have raised 3.37% since the start of 2024.

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 $355.61 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 has an average recommendation of "Hold" based on 1.00 analysts according to Zacks. Currently, there are 1 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..