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

Morguard Na Residential REIT Units opened trading today at $16.91 and closed at $17.00. It traded at a low of $16.90 to a high of $17.10.

Share prices advanced 0.12 percent from the previous day's close of $16.98.

During the day across North America, the TSX Composite closed 0.20% at 22824.67, the S&P 500 closed 0.08% at 5463.54, the Dow Jones Industrial Average closed -0.12% at 40539.93 and the Nasdaq Composite closed 0.07% at 17370.20.

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

A total of 5,846 shares was traded during the session, with total trades of 56, with an average volume of 15,605 over the last 5 days.

The TSX overall saw 2,584 price advancers against 2,644 declines and 86 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 12 months, Morguard Na Residential REIT Units's shares have advanced 4.68 percent, while they have raised 15.10% since the start of 2024.

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 $638.63 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. From those 2 analysts, 2 have buy ratings.

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