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Closing Bell: Melcor Dev down on Tuesday (MRD)

Automated Summaries - The Globe and Mail - Tue Jul 23, 4:02PM CDT

In market activity today, Melcor Dev opened at $11.77 and closed at $11.67. prices ranged from $11.67 to $11.79.

Shares dipped -0.85 percent from the previous day's close of $11.77.

Today across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

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

A total of 2,802 shares was traded during the session, with total trades of 13, while having an average volume of 8,285 over 5 days.

The TSX market on the whole today saw 3,093 price advancers against 2,137 declines and 96 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 boosted 2.19% in the last 12 months, while they have boosted 3.64% 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 $359.89 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 is holding an average recommendation of "Hold" from 1.00 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..