Closing Bell: Melcor Dev up on Thursday (MRD)

Today, Melcor Dev shares closed at $11.70 after opening the day at $11.69. prices ranged from a low of $11.64 to a high of $11.70.

The price advanced 0.52 percent from the previous day's close of $11.64.

Today across North America, the TSX Composite closed -0.54% at 22726.76, the S&P 500 closed -1.39% at 5588.27, the Dow Jones Industrial Average closed 0.59% at 41198.08 and the Nasdaq Composite closed -2.77% at 17996.92.

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

A total of 13,151 shares was traded during the session, with total trades of 24, while having an average volume of 6,256 over 5 days.

The TSX overall saw 1,017 price advancers against 4,222 declines and 91 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 1.74% in the last year, while this year, they have boosted 3.91%.

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 $355.91 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. From those 1 analysts, 1 analysts gave hold ratings.

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..