Closing Bell: Melcor Dev up on Monday (MRD)

Today during trading, Melcor Dev shares closed at $11.77 after opening the day at $11.57. Intraday prices ranged from a low of $11.57 to a high of $11.77.

The price gained 1.47 percent from the previous day's close of $11.60.

Today across North America, the TSX Composite closed 0.80% at 22872.65, the S&P 500 closed -0.71% at 5505.00, the Dow Jones Industrial Average closed -0.93% at 40287.53 and the Nasdaq Composite closed -0.81% at 17726.94.

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

Trading volume was 10,337 on 27 total trades. On average, Melcor Dev has traded 8,713 shares in the last five days and 8,019 year-to-date.

Trading across the entire TSX saw 3,734 price advancers against 1,480 declines and 101 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 12 months, Melcor Dev's shares have advanced 3.06%, while they have advanced 4.53% year-to-date.

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 $354.69 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.

Melcor Dev's average recommendation is "Hold" based on 1.00 analysts according to Zacks. Currently, there are 1 hold ratings for the stock.

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