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

Morguard Na Residential REIT Units opened trading today at $16.47 and closed at $17.00. Intraday prices ranged from $16.47 to $17.01.

Shares advanced 3.79% from the previous day's close of $16.38.

During the day across North America, the TSX Composite closed 0.80% at 22872.65, the S&P 500 closed -0.71% at 5505.00, the Dow Jones Industrial Average closed -0.93% at 40287.53 and the Nasdaq Composite closed -0.81% at 17726.94.

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

A total of 42,452 shares was traded during the last trading day, with total trades of 253. On average, Morguard Na Residential REIT Units has traded 25,249 shares over 5 days and 28,394 year-to-date.

Trading across the entire TSX saw 3,734 price advancers against 1,480 declines and 101 unchanged.

During the prior 52 weeks, MRG-UN.TO has traded as high as $17.01 (July 22,2024) and low as $13.08 (November 22,2023). Moreover, the shares have gained 1.98 percent in 52 weeks, while they have raised 15.10% year-to-date.

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 $616.06 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's average recommendation is "Moderate Buy" based on 2.00 analysts according to Zacks. Currently, there are 2 buy ratings for the stock.

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