Closing Bell: Morguard Na Residential REIT Units up on Monday (MRG-UN)

Morguard Na Residential REIT Units opened trading today at $16.31 and closed at $16.53. It traded at a low of $16.31 to a high of $16.61.

The price boosted 1.22% from the previous day's close of $16.33.

During the day across North America, the TSX Composite closed 0.57% at 22673.52, the S&P 500 closed 0.55% at 5615.35, the Dow Jones Industrial Average closed 0.62% at 40000.90 and the Nasdaq Composite closed 0.63% at 18398.45.

Morguard Na Residential REIT Units has listed on the Toronto Stock Exchange (TSX) under the ticker MRG-UN.

A total of 33,618 shares was traded during the last trading day, with total trades of 176. On average, Morguard Na Residential REIT Units has traded 39,370 shares over 5 days and 28,510 year-to-date.

Trading across the entire TSX saw 3,258 price advancers against 1,978 declines and 100 unchanged.

During the prior 52 weeks, MRG-UN.TO has traded as high as $17.00 (July 21,2023) and low as $13.08 (November 22,2023). Moreover, the shares have dipped -1.31 percent in 52 weeks, while in 2024, they have boosted 11.92%.

It announced a 0.06 dividend on June 14/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, Morguard Na Residential REIT Units has a market capitalization of $614.18 million on a float of 37,738 shares outstanding. Its annual EPS is $4.60.

Morguard Na Residential REIT Units is a TSX REIT company headquartered in Mississauga, CAN.

Currently, Morguard Na Residential REIT Units has an average recommendation of "Moderate Buy" based on 2.00 analysts according to Zacks. Currently, there are 2 buy 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..