Closing Bell: Melcor Dev up on Wednesday (MRD)

In market activity today, shares of Melcor Dev opened at $12.21 and closed at $12.14. prices ranged from a low of $12.11 to a high of $12.23.

The price advanced 0.66 percent from the previous day's close of $12.06.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

Trading volume was 3,095 on 13 total trades, with an average volume of 4,247 over the last 5 days.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 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 4.93 percent in 52 weeks, while they have advanced 7.82% year-to-date.

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 $368.76 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. Currently, there are 1 hold ratings for the stock.

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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..