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

Today during trading, shares of Morguard Na Residential REIT Units opened at $17.13 and closed at $16.98. It traded at a low of $16.87 to a high of $17.13.

The price dipped -0.64 percent from the previous day's close of $17.09.

During the day across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

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

A total of 5,539 shares was traded during the session, with total trades of 54, while having an average volume of 17,819 in the last five days.

The TSX market on the whole today saw 1,903 price advancers against 3,356 declines and 91 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, in the last 52 weeks, Morguard Na Residential REIT Units's shares have boosted 4.56 percent, while in 2024, they have advanced 14.96%.

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 $642.76 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. From those 2 analysts, 2 have buy ratings.

AI at The Globe and Mail
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..