Closing Bell: Melcor Dev down on Friday (MRD)

In trading today, Melcor Dev shares closed at $12.00 after opening the day at $12.09. prices ranged from $12.00 to $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 -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

A total of 5,532 shares was traded during the last trading day, with total trades of 19. On average, Melcor Dev has traded 5,945 shares over the last 5-days and 7,887 year-to-date.

The TSX overall saw 432 price advancers against 4,843 declines and 43 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 12 months, Melcor Dev's shares have boosted 5.08 percent, while in 2024, they have advanced 6.57%.

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 $366.92 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.

Based on 1.00 analysts, Melcor Dev gets an average recommendation of "Hold" 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..