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Closing Bell: Melcor Dev down on Friday (MRD)

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

In trading today, shares of Melcor Dev opened at $12.09 and closed at $12.00. prices ranged from a low of $12.00 to a high of $12.13.

Share prices eased -1.23 percent from the previous day's close of $12.15.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

A total of 5,532 shares was traded during the session, with total trades of 19, while having an average volume of 5,945 over the last 5-days.

The TSX overall saw 741 price advancers against 4,512 declines and 69 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, the shares have advanced 5.08% in the last year, while they have advanced 6.57% 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 $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.

Melcor Dev is holding an average recommendation of "Hold" from 1.00 analysts according to Zacks. From those 1 analysts, 1 analysts gave hold ratings.

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..