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

In market activity today, Morguard Na Residential REIT Units opened at $16.68 and closed at $16.92. prices ranged from a low of $16.68 to a high of $16.98.

Shares boosted 0.71% from the previous day's close of $16.80.

Today across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

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

Trading volume was 17,549 on 151 total trades. On average, Morguard Na Residential REIT Units has traded 27,632 shares in the last five days and 28,333 year-to-date.

Trading across the entire TSX saw 3,490 price advancers against 1,736 declines and 92 unchanged.

During the prior 52 weeks, MRG-UN.TO has traded as high as $17.16 (July 24,2024) and low as $13.08 (November 22,2023). Moreover, the shares have advanced 2.42% in 52 weeks, while this year, they have advanced 14.56%.

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 $631.86 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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