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

Morguard Na Residential REIT Units opened trading today at $16.25 and closed at $16.19. prices ranged from a low of $16.19 to a high of $16.50.

Share prices dipped -0.55% from the previous day's close of $16.28.

Today across North America, the TSX Composite closed -0.54% at 22726.76, the S&P 500 closed -1.39% at 5588.27, the Dow Jones Industrial Average closed 0.59% at 41198.08 and the Nasdaq Composite closed -2.77% at 17996.92.

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

A total of 22,802 shares was traded during the last trading day, with total trades of 169, while having an average volume of 35,687 in the last five days.

Trading across the entire TSX saw 1,017 price advancers against 4,222 declines and 91 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, in the last 12 months, Morguard Na Residential REIT Units's shares have eased -3.23 percent, while this year, they have raised 9.61%.

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 $612.30 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. From those 2 analysts, 2 have buy 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..