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

Morguard Na Residential REIT Units opened trading today at $16.98 and closed at $17.09. Intraday prices ranged from a low of $16.90 to a high of $17.10.

The price advanced 0.53 percent from the previous day's close of $17.00.

During the day across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

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

A total of 16,917 shares was traded during the last trading day, with total trades of 109, with an average volume of 25,179 in the last five days.

Trading across the entire TSX saw 3,093 price advancers against 2,137 declines and 96 unchanged.

During the prior 52 weeks, MRG-UN.TO has traded as high as $17.10 (July 23,2024) and low as $13.08 (November 22,2023). Moreover, the shares have advanced 2.52 percent in the last 12 months, while this year, they have boosted 15.71%.

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 $639.38 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.

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

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