Closing Bell: Melcor Dev flat on Thursday (MRD)

Today in trading, Melcor Dev shares closed at $12.15 after opening the day at $12.16. Intraday prices ranged from $12.15 to $12.17.

The price $verbed percentage_change percent from the previous day's close of $12.15.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

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

Trading volume was 2,700 on 6 total trades, while having an average volume of 6,069 in the last five days.

The TSX market on the whole today saw 907 price advancers against 4,327 declines and 72 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 boosted 7.52%, while they have raised 7.90% since the start of 2024.

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 $371.51 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.

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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..