Closing Bell: Melcor Dev down on Thursday (MRD)

Melcor Dev opened trading today at $11.79 and closed at $11.74. Intraday prices ranged from $11.69 to $11.81.

The price shrank -0.51 percent from the previous day's close of $11.80.

During the day across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

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

A total of 9,372 shares was traded during the last trading day, with total trades of 20. On average, Melcor Dev has traded 6,746 shares in the last five days and 7,967 year-to-date.

The TSX overall saw 3,490 price advancers against 1,736 declines and 92 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 3.99%, while they have gained 4.26% 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 $360.81 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's consensus rating is "Hold" based on 1 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..