Closing Bell: Melcor Dev down on Friday (MRD)

Melcor Dev opened trading today at $11.67 and closed at $11.60. prices ranged from $11.60 to $11.67.

Share prices dipped -0.85% from the previous day's close of $11.70.

Today across North America, the TSX Composite closed -0.16% at 22690.39, the S&P 500 closed -0.78% at 5544.59, the Dow Jones Industrial Average closed -1.29% at 40665.02 and the Nasdaq Composite closed -0.70% at 17871.22.

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

Trading volume was 6,871 on 17 total trades, while having an average volume of 7,139 over the last 5-days.

The TSX market on the whole today saw 1,821 price advancers against 3,352 declines and 121 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, in the last 52 weeks, Melcor Dev's shares have advanced 0.87%, while they have gained 3.02% this year.

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 $357.75 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..