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

Today, Morguard Na Residential REIT Units shares closed at $16.51 after opening the day at $16.55. It traded at a low of $16.40 to a high of $16.73.

Share prices dipped -0.84 percent from the previous day's close of $16.65.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

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

A total of 28,034 shares was traded during the session, with total trades of 221, while having an average volume of 17,752 over the last 5-days.

The TSX market on the whole today saw 907 price advancers against 4,327 declines and 72 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 1.54% in 52 weeks, while they have raised 11.78% 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 $631.59 million on a float of 37,153 shares outstanding. Its annual EPS is $3.78.

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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