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Closing Bell: Melcor Dev up on Tuesday (MRD)

Automated Summaries - The Globe and Mail - Tue Aug 6, 4:02PM CDT

Melcor Dev opened trading today at $12.00 and closed at $12.06. It traded at a low of $12.00 to a high of $12.14.

Share prices gained 0.50% from the previous day's close of $12.00.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

A total of 5,800 shares was traded during the session, with total trades of 19, while having an average volume of 4,739 over the last 5-days.

The TSX market on the whole today saw 3,772 price advancers against 1,443 declines and 86 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 raised 4.24 percent in the last year, while they have advanced 7.10% 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 $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. 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..