Closing Bell: Melcor Dev down on Wednesday (MRD)

Today in trading, Melcor Dev stock opened at $12.40 and closed at $12.15. Intraday prices ranged from $12.15 to $12.41.

Shares dipped -0.65 percent from the previous day's close of $12.23.

Today across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

Trading volume was 4,112 on 17 total trades, with an average volume of 7,404 over 5 days.

The TSX market on the whole today saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, MRD.TO has traded as high as $12.62 (July 30,2024) and low as $10.65 (October 04,2023). Moreover, in the last 52 weeks, Melcor Dev's shares have gained 5.74%, while in 2024, they have raised 7.90%.

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 $373.95 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. From those 1 analysts, 1 analysts gave hold ratings.

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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..