Closing Bell: Morguard Na Residential REIT Units down on Tuesday (MRG-UN)

Today, Morguard Na Residential REIT Units shares closed at $16.50 after opening the day at $16.37. Intraday prices ranged from $16.37 to $16.57.

The price dipped -0.18% from the previous day's close of $16.53.

During the day across North America, the TSX Composite closed 0.34% at 22751.68, the S&P 500 closed 0.28% at 5631.22, the Dow Jones Industrial Average closed 0.53% at 40211.72 and the Nasdaq Composite closed 0.40% at 18472.57.

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

Trading volume was 17,269 on 110 total trades, with an average volume of 39,369 over 5 days.

Trading across the entire TSX saw 4,226 price advancers against 1,023 declines and 82 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 eased -1.49% in the last year, while they have advanced 11.71% this year.

It announced a 0.06 dividend on July 15/24, with an July 31/24 ex-date and August 15/24 pay day.

Following today's trading, Morguard Na Residential REIT Units has a market capitalization of $621.70 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.

Morguard Na Residential REIT Units is holding an average recommendation of "Moderate Buy" from 2.00 analysts according to Zacks. Currently, there are 2 buy ratings for the stock.

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